We document that home ownership of households with “heads” aged 25– 44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001–2005 housing boom. The 1980–2000 decline in young home ownership occurred as improvements in mortgage opportunities made it easier to purchase a home. This paper uses an equilibrium life-cycle model calibrated to micro and macro evide...

We study the composition of housing stock across ownership and rental markets in a dynamic model frictional assignment. Houses are rented or sold to heterogeneous households that sort over quality. Due matching frictions an increasing surplus, wealthy tend own lower value tends be rented, even without financial supply constraints. When calibrated match key market features average U.S. city, is ...

meaning is both the reference and the content and their concomitant mental associations. the current research aims to find the meaning of home and its constituents in the everyday life of house residents. in this perspective, we seek to investigate this meaning-making processes through exploring the represented houses in four iranian movies in tehran. therefore, “freeway”, “sealed secret”, “sa’...