Does Home Owning Smooth the Variability of Future Housing Consumption?
收藏NBER2010-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16531
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资源简介：
We show that the hedging benefit of owning a home reduces the variability of housing consumption after a move. When a current home owner's house price covaries positively with housing costs in a future city, changes in the future cost of housing are offset by commensurate changes in wealth before
提供机构：
美国国家经济研究局
创建时间：
2010-11-01
