Construct · 1 fields · 1 citations

forced savings effect of homeownership: a standalone construct

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Housing finance

the greater long-run wealth growth of owners compared with renters, attributed in part to the forced saving of mortgage amortization.

In housing finance, forced savings effect of homeownership refers to the greater long-run wealth growth of owners compared with renters, attributed in part to the forced saving of mortgage amortization. This meaning comes from Di (2007) in Journal of Housing Economics.[1]

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Nearby constructs

amortization1 fields · 1 citationsanchor · a standalone construct growth4 fields · 4 citationsjingle · one word, four constructs

References

Di, Z. X., Belsky, E., & Liu, X. (2007). Do homeowners achieve more household wealth in the long run? Journal of Housing Economics, 16(3-4), 274-290. https://doi.org/10.1016/j.jhe.2007.08.001

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