The Changes in Young Households' Tenure Choice across Time: Evidence from American Housing Survey.

Zhou, Yanting.


  • Abstract: Despite the overall increase in the homeownership rate across decades, the U.S. housing market has seen a decrease among young households. This paper takes into account the investment value and consumption cost of a housing unit, as well as education, income, and other demographic factors to study the tenure choice process of young households. The study also adopts the Oaxaca Decompo... read more
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