This paper shows how different housing submarkets are linked by residential vacancy chains – the series of moves across housing units initiated by the construction of new…
UCC08-11: Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is…
BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…