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Uncertainty, liquidity, and housing choices

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  • Fu, Yuming

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  • Fu, Yuming, 1995. "Uncertainty, liquidity, and housing choices," Regional Science and Urban Economics, Elsevier, vol. 25(2), pages 223-236, April.
    • Handle: RePEc:eee:regeco:v:25:y:1995:i:2:p:223-236
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    1. Ioannides, Yannis M & Rosenthal, Stuart S, 1994. "Estimating the Consumption and Investment Demands for Housing and Their Effect on Housing Tenure Status," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 127-141, February.
    2. 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.
    3. Fu, Yuming, 1991. "A Model of Housing Tenure Choice: Comment," American Economic Review, American Economic Association, vol. 81(1), pages 381-383, March.
    4. Artle, Roland & Varaiya, Pravin, 1978. "Life cycle consumption and homeownership," Journal of Economic Theory, Elsevier, vol. 18(1), pages 38-58, June.
    5. 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. Basant K. Kapur, 2016. "Erratum: "Another Look At Price Instability And Consumer Well-Being: Nondurable And Durable (Housing) Markets"," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-2, September.
    2. Gathergood, John, 2011. "Unemployment risk, house price risk and the transition into home ownership in the United Kingdom," Journal of Housing Economics, Elsevier, vol. 20(3), pages 200-209, September.
    3. Diaz-Serrano, Luis, 2005. "Labor income uncertainty, skewness and homeownership: A panel data study for Germany and Spain," Journal of Urban Economics, Elsevier, vol. 58(1), pages 156-176, July.
    4. Tracy M. Turner & Daigyo Seo, 2007. "Investment Risk And The Transition Into Homeownership," Journal of Regional Science, Wiley Blackwell, vol. 47(2), pages 229-253, May.
    5. Diaz-Serrano, Luis, 2004. "Labour Income Uncertainty, Risk Aversion and Home Ownership," IZA Discussion Papers 1008, Institute of Labor Economics (IZA).
    6. Chung, Eui-Chul & Haurin, Donald R., 2002. "Housing choices and uncertainty: the impact of stochastic events," Journal of Urban Economics, Elsevier, vol. 52(2), pages 193-216, September.
    7. Tracy M. Turner & Marc T. Smith, 2009. "Exits From Homeownership: The Effects Of Race, Ethnicity, And Income," Journal of Regional Science, Wiley Blackwell, vol. 49(1), pages 1-32, February.
    8. Carter, Steven, 2011. "Housing tenure choice and the dual income household," Journal of Housing Economics, Elsevier, vol. 20(3), pages 159-170, September.
    9. Paul M Anglin & Yanmin Gao, 2011. "Integrating Illiquid Assets into the Portfolio Decision Process," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 39(2), pages 277-311, June.
    10. Robst, John & Deitz, Richard & McGoldrick, KimMarie, 1999. "Income variability, uncertainty and housing tenure choice1," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 219-229, March.
    11. Luis Diaz-Serrano, 2003. "Earnings Uncertainty, Risk-Aversion and Homeownership," Economics Department Working Paper Series n135020.pdf, Department of Economics, National University of Ireland - Maynooth.
    12. Diaz-Serrano, Luis, 2005. "On the negative relationship between labor income uncertainty and homeownership: Risk-aversion vs. credit constraints," Journal of Housing Economics, Elsevier, vol. 14(2), pages 109-126, June.
    13. Moriizumi, Yoko & Naoi, Michio, 2011. "Unemployment risk and the timing of homeownership in Japan," Regional Science and Urban Economics, Elsevier, vol. 41(3), pages 227-235, May.
    14. Henley, A, "undated". "Residential Mobility, Housing Wealth and the Labour Market," Discussion Papers 9615, Department of Economics, University of Wales, Aberystwyth.
    15. Ebrahim, M. Shahid & Mathur, Ike, 2007. "Pricing home mortgages and bank collateral: A rational expectations approach," Journal of Economic Dynamics and Control, Elsevier, vol. 31(4), pages 1217-1244, April.
    16. Mi Diao & Yi Fan & Tien Foo Sing, 2019. "Demand Restrictions and Asymmetric Risk Behaviors," International Real Estate Review, Global Social Science Institute, vol. 22(2), pages 131-167.
    17. Zhou, Jingkui, 2013. "Uncertainty, inequality and consumption preferences in urban China," Economic Modelling, Elsevier, vol. 31(C), pages 308-322.
    18. 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.
    19. Fu, Yuming & Tse, David K. & Zhou, Nan, 2000. "Housing Choice Behavior of Urban Workers in China's Transition to a Housing Market," Journal of Urban Economics, Elsevier, vol. 47(1), pages 61-87, January.
    20. Chatterjee, Swarn, 2009. "Health Insurance Coverage and Income Uncertainty," EconStor Preprints 307059, ZBW - Leibniz Information Centre for Economics.
    21. Zhou, Jingkui, 2011. "Uncertainty and housing tenure choice by household types: Evidence from China," China Economic Review, Elsevier, vol. 22(3), pages 408-427, September.
    22. Michael Berlemann & Julia Freese, 2013. "Monetary policy and real estate prices: a disaggregated analysis for Switzerland," International Economics and Economic Policy, Springer, vol. 10(4), pages 469-490, December.
    23. Swarnankur Chatterjee, 2009. "Health insurance coverage and the role of income uncertainty," Economics Bulletin, AccessEcon, vol. 29(2), pages 1246-1254.
    24. Fan, Gang-Zhi & Pu, Ming & Deng, Xiaoying & Ong, Seow Eng, 2018. "Optimal portfolio choices and the determination of housing rents under housing market uncertainty," Journal of Housing Economics, Elsevier, vol. 41(C), pages 200-217.
    25. Qianwei Ying & Danglun Luo & Jie Chen, 2013. "The Determinants of Homeownership Affordability among the ‘Sandwich Class’: Empirical Findings from Guangzhou, China," Urban Studies, Urban Studies Journal Limited, vol. 50(9), pages 1870-1888, July.

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