Le Blanc, Julia; Slacalek, Jirka; White, Matthew N. - 2025
Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life … explanatory factors for long-run, structural differences in the extensive and intensive margins of housing: the homeownership rate … wealth. We find that all three groups of factors matter, although preferences less so. Differences in homeownership rates are …