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Marriage Market Signals and Homeownership for the Never Married

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  • Mundra, Kusum
  • Uwaifo Oyelere, Ruth

Abstract

There is a growing trend of buying homes among the single population in the U.S. This trend has been referred to as "Going Solo" and is particularly evident among women who are the focus of our study. In this paper we investigate the hypothesis that homeownership probabilities can be affected by marriage market expectations and pessimistic marriage market expectations may raise home buying probabilities among never married singles. We focus solely on the sub population called the never married single females and our results provide evidence consistent with the above hypothesis. In particular, we find that up to a certain threshold, the probability of homeownership decreases when the marriage market prospect indicator improves and there is evidence of heterogeneity in this relationship across race, education level, age group and motherhood status.

Suggested Citation

  • Mundra, Kusum & Uwaifo Oyelere, Ruth, 2018. "Marriage Market Signals and Homeownership for the Never Married," GLO Discussion Paper Series 258, Global Labor Organization (GLO).
  • Handle: RePEc:zbw:glodps:258
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Home Ownership; Never Married Singles; Marriage Market; Sex Ratios; Marriage Rates; Single Females;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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