Does home owning smooth the variability of future housing consumption?

Owning Your Home Network: Router Security Revisited

In this paper we investigate the Web interfaces of several DSL home routers that can be used to manage their settings via a Web browser. Our goal is to change these settings by using primary XSS and UI redressing attacks. This study evaluates routers from 10 different manufacturers (TP-Link, Netgear, Huawei, D-Link, Linksys, LogiLink, Belkin, Buffalo, Fritz!Box, and Asus). We were able to circu...

How Does Future Income Affect Current Consumption?*

This paper tests a straightforward implication of the basic Life Cycle model of consumption: that current consumption depends on expected lifetime income. The paper projects future income for a panel of households and finds that consumption is closely related to current income, but unrelated to predictable changes in income. However, future income uncertainty has an important effect: consumers ...

Sole voices: experiences of non-home-owning sole mother renters

Housing is both a key indicator of, and contributor to, social advantage/disadvantage. Opportunities for wealth creation, affordability, sense of security and belonging to community and place, level of choice, self-esteem and self-determination are all linked to housing and, more specifi cally, to tenure type with its resulting (and often hidden) inequity. Issues relating to affordability and a...

Housing Consumption after Retirement

According to the life-cycle theory of consumption and saving, foreseeable retirement events should not reduce consumption. This argument applies especially to housing consumption, whereas other consumption expenditures may fall when home production substitutes them (given higher leisure after retirement). Using micro panel data for German tenants we find that income drops at entering retirement...

Owning Maine’s Future: Fostering a Cooperative Economy in Maine