Homeownership and Wealth Accumulation
This chapter elaborates on the relationship between homeownership and wealth, particularly investigating whether homeowners have additional wealth, which seems to be the case. We run the empirical analysis using the Household Finance and Consumption Survey (HFCS) data for two waves and point to differences that exist among women and men. The chapter also questions the risks that an excessively illiquid portfolio might generate.
KeywordsHomeownership and wealth Housing Life cycle
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