This paper examines the relationships among the desirability of home-ownership, price risks and the return of housing investment. It argues that price risks may undermine the desirability of ownership, using both a theoretical and an empirical approach. The theoretical model studies aspatially...

This article focuses on the role of individual incomes in the residential location decisions of two-earner households. Conventional studies often treat households as a black box and describe them by a single utility function. The article raises the question, "Is the household utility paradigm an...

This study is part of the broad debate about the role of distance and technology for interpersonal contact. To the best of the authors' knowledge, this is the first study that systematically and explicitly compares the role of distance in social networks pre- and post-Internet. An analysis is...