ERES:conference

Empirical studies on housing tenure choice have generally uncovered a multiplicity of factors that influence households in their decision to own using mostly national aggregate or cross-metropolitan data that often obscure intrametropolitan influences. In this aper we focus on these localized...

Studies examining mortgage choice behavior generally assume a frictionless mortgage market in which borrower decisions are influenced only by economic variables. This study explores the interface between demographic and institutional factors inherent in mortgage market logistics and the...