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Can Owning a Home Hedge the Risk of Moving?

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NBER2009-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15462
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Conventional wisdom holds that one of the riskiest aspects of owning a house is the uncertainty surrounding its sale price, especially if one moves to another housing market. However, households who sell a house typically buy another house, whose purchase price is also uncertain. We show that for
提供机构:
美国国家经济研究局
创建时间:
2009-10-01
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