2016
DOI: 10.2139/ssrn.2734033
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Home Ownership and Household Portfolio Choice

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Cited by 6 publications
(3 citation statements)
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“…Wealth and income were found to be positively related to homeownership. For example, having financial assets investment increased the likelihood of being a homeowner, which was consistent with prior literature findings (Bodie and Crane, 1997; Fratantoni, 1998; Michielsen, Mocking and Veldhuizen, 2016; Wang and Tian, 2012). Additionally, car owners were 1.6 times more likely to be homeowners than those without owning any vehicle.…”
Section: Multivariate Analysissupporting
confidence: 90%
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“…Wealth and income were found to be positively related to homeownership. For example, having financial assets investment increased the likelihood of being a homeowner, which was consistent with prior literature findings (Bodie and Crane, 1997; Fratantoni, 1998; Michielsen, Mocking and Veldhuizen, 2016; Wang and Tian, 2012). Additionally, car owners were 1.6 times more likely to be homeowners than those without owning any vehicle.…”
Section: Multivariate Analysissupporting
confidence: 90%
“…As shown in the results of never married women and never married men, such influential determinants as financial assets ownership and such unique factors as having a son, mother’s educational achievement, employment status and living location helped to provide some insights about the higher probability of never married men’s homeownership than never married women. Prior research has found a positive relationship between homeownership and wealth (Bodie and Crane, 1997; Fratantoni, 1998; Michielsen et al , 2016; Wang and Tian, 2012), which was found to be a more significant factor related to the homeownership of never married men. Homeownership, an important indicator of wealth, increased the attractiveness in the marriage market for never married men in urban China (Chai and Feng, 2021; Hu and Wang, 2020).…”
Section: Discussion and Implicationmentioning
confidence: 88%
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