Original source: SimoleonSense.com
Excerpt (Via Economic Logic)
Many governments try to encourage home ownerships by various means. I am not convinced this needs encouraging, as it leads to over-acucmulation of residential capital. Additionally, it is a myth that home ownners are happier and better citizens, as I reported previously. But suppose, for a moment, that a government really wants to increase the home ownership rate. How could this be best achieved. Two recent papers look at this.
Other Related Posts From Simoleon Sense:
- Video: Financial Fiasco- The US Infatuation with Home Ownership
- Property Ownership & Childhood
- How To Encourage Big Ideas : The Key Elements To Breakthrough Research
- Changes in Institutional Ownership and Subsequent Earnings Announcement Abnormal Returns
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