Homeowner Subsidies

Exploring Homeowner Opposition to Public Housing Developments

Recycling fuel subsidies as health subsidies.

Homeowner-Entrepreneurs, Housing Capital Gains, and Self-Employment

Using individual-level data from the 1985-2011 American Housing Survey panel, this paper confirms that housing capital gains encourage transitions into self-employment. Additional findings suggest that this occurs at least in part because homeownership provides an accessible source of potential financing that serves as a form of insurance for aspiring homeownerentrepreneurs. The link between ho...

Catastrophic Risk, Homeowner Response and Wealth Maximizing Wind Damage Mitigation

Many experts encourage homeowners to improve their houses to better survive natural catastrophes and reduce overall societal costs. However, we find these encouragements are not necessarily financially sound for the homeowner at risk of hurricane wind damage. We find that subsidized insurance reduces the incentive for a risk-neutral homeowner to purchase structural mitigation, as mitigation doe...

Becoming a Homeowner in Britain in the 1990s

We model the hazard of first entry to owner occupation, using a subsample of the British Household Panel Study consisting of young adults not yet in owner occupation. Our interest is to assess the importance of social inequality, measured as socio-economic class using the new ONS-SEC, while taking account of the direct effects of age, household formation, education and labour market situation o...