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On the Optimality of the Hybrid Tenure Mode

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  • Ben-Shahar, Danny

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  • Ben-Shahar, Danny, 1998. "On the Optimality of the Hybrid Tenure Mode," Journal of Housing Economics, Elsevier, vol. 7(1), pages 69-92, March.
  • Handle: RePEc:eee:jhouse:v:7:y:1998:i:1:p:69-92
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    References listed on IDEAS

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    1. J.F. Doling, 1973. "A Two-stage Model of Tenure Choice in the Housing Market," Urban Studies, Urban Studies Journal Limited, vol. 10(2), pages 199-211, June.
    2. Miller, Merton H & Upton, Charles W, 1976. "Leasing, Buying, and the Cost of Capital Services," Journal of Finance, American Finance Association, vol. 31(3), pages 761-786, June.
    3. Diamond, Peter A. & Stiglitz, Joseph E., 1974. "Increases in risk and in risk aversion," Journal of Economic Theory, Elsevier, vol. 8(3), pages 337-360, July.
    4. Linneman, Peter & Megbolugbe, Isaac F. & Wachter, Susan M. & Cho, Man, 1997. "Do Borrowing Constraints Change U.S. Homeownership Rates?," Journal of Housing Economics, Elsevier, vol. 6(4), pages 318-333, December.
    5. Weiss, Yoram, 1978. "Capital gains, discriminatory taxes, and the choice between renting and owning a house," Journal of Public Economics, Elsevier, vol. 10(1), pages 45-55, August.
    6. Henderson, J Vernon & Ioannides, Yannis M, 1983. "A Model of Housing Tenure Choice," American Economic Review, American Economic Association, vol. 73(1), pages 98-113, March.
    7. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    8. Williams, Joseph T, 1993. "Agency and Ownership of Housing," The Journal of Real Estate Finance and Economics, Springer, vol. 7(2), pages 83-97, September.
    9. Rothschild, Michael & Stiglitz, Joseph E., 1971. "Increasing risk II: Its economic consequences," Journal of Economic Theory, Elsevier, vol. 3(1), pages 66-84, March.
    10. Ermisch, John & Di Salvo, Pamela, 1996. "Surprises and Housing Tenure Decisions in Great Britain," Journal of Housing Economics, Elsevier, vol. 5(3), pages 247-273, September.
    11. Ioannides, Yannis M., 1987. "Residential mobility and housing tenure choice," Regional Science and Urban Economics, Elsevier, vol. 17(2), pages 265-287.
    12. Lawrence D. Jones, 1989. "Current Wealth and Tenure Choice," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(1), pages 17-40.
    13. Wolfson, Mark A, 1985. "Tax, Incentive, and Risk-sharing Issues in the Allocation of Property Rights: The Generalized Lease-or-Buy Problem," The Journal of Business, University of Chicago Press, vol. 58(2), pages 159-171, April.
    14. Mills, Edwin S, 1990. "Housing Tenure Choice," The Journal of Real Estate Finance and Economics, Springer, vol. 3(4), pages 323-331, December.
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    Cited by:

    1. Todd Sinai & Nicholas S. Souleles, 2005. "Owner-Occupied Housing as a Hedge Against Rent Risk," The Quarterly Journal of Economics, Oxford University Press, vol. 120(2), pages 763-789.
    2. repec:esx:essedp:718 is not listed on IDEAS
    3. Leung, Charles, 2004. "Macroeconomics and housing: a review of the literature," Journal of Housing Economics, Elsevier, vol. 13(4), pages 249-267, December.
    4. Amior, Michael & Halket, Jonathan R, 2012. "Do Households Use Homeownership To Insure Themselves? Evidence Across U.S. Cities," Economics Discussion Papers 8963, University of Essex, Department of Economics.
    5. Nordvik, Viggo, 2001. "A Housing Career Perspective on Risk," Journal of Housing Economics, Elsevier, vol. 10(4), pages 456-471, December.
    6. Amnon Frenkel & Sigal Kaplan, 2015. "The joint choice of tenure, dwelling type, size and location: the effect of home-oriented versus culture-oriented lifestyle," Letters in Spatial and Resource Sciences, Springer, vol. 8(3), pages 233-251, November.
    7. XXX, Shuya & Iwata, Shinichiro, 2012. "Fertility and the user cost of home ownership: Evidence from regional panel data," MPRA Paper 37387, University Library of Munich, Germany.
    8. Ortalo-Magne, Francois & Rady, Sven, 2002. "Tenure choice and the riskiness of non-housing consumption," Journal of Housing Economics, Elsevier, vol. 11(3), pages 266-279, September.

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