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questions: i) How is homeownership and housing tenure distributed across the population along various socio … socio-economic groups? What is the impact of mortgage debt on access to homeownership and wealth accumulation, and on debt … residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …
Persistent link: https://www.econbiz.de/10012202943
payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with …
Persistent link: https://www.econbiz.de/10011761605
risks in retirement. Our life cycle model captures these links in order to explain why homeownership in Germany is so low …. Our simulation results indicate that the public long-term care as well as the pension system reduce the homeownership rate …
Persistent link: https://www.econbiz.de/10012050806
We investigate the relationship between homeownership and life as well as housing satisfaction. Using panel data from … offsets the positive impact of homeownership. …
Persistent link: https://www.econbiz.de/10013165881
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 …
Persistent link: https://www.econbiz.de/10015186314
Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … understand these patterns, we build an overlapping-generations model where individuals face uninsurable income risk and make …
Persistent link: https://www.econbiz.de/10014339552
mitigate house price growth but increase rents. Homeownership rates drop, and young and middle-income households are negatively …
Persistent link: https://www.econbiz.de/10015176845
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 …
Persistent link: https://www.econbiz.de/10015211679
support, we estimate an immediate and persistent increase in homeownership, with larger effects among those most financially … differences in subsequent years. Finally, effects on marriage and fertility lag homeownership. Altogether, the results appear to …
Persistent link: https://www.econbiz.de/10011927160
We study the effect of age at arrival on immigrants' homeownership probability using a dataset representative of the …
Persistent link: https://www.econbiz.de/10013323107