Housing Busts and Household Mobility: An Update
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This paper provides updated estimates of the impact of three financial frictions - negative equity, mortgage lock-in, and property tax lock-in - on household mobility. We add the 2009 wave of the American Housing Survey (AHS) to our sample and also create an improved measure of permanent moves in
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美国国家经济研究局创建时间:
2011-09-01



