neeltjevanhoren | March 10, 2023 | News
New working paper: Housing wealth inequality and mortgage market stimulus
In this paper (joint with Belinda Tracey) we shed new light on the relationship between the down payment requirement and housing wealth inequality. Studying the UK Help-to-Buy program we show that lowering the down payment requirement reduces housing wealth inequality by weakening the link between (parental) wealth and homeownership.
Comments are closed here.