Home-ownership affected by culture, Bundesbank paper finds

housing6

A working paper published by the Deutsche Bundesbank uses data on different groups of immigrants to the US to examine whether national origins affect people’s attitude to buying houses.

In Cross-country differences in homeownership: a cultural phenomenon? Stefanie J Huber and Tobias Schmidt apply an “epidemiological approach” to try to isolate the effects of cultural attitudes on house-buying decisions.

The authors use data from the US “current population survey”, from 1994 to 2017 on second

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