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House price volatility and the housing ladder

Book chapter

‘House Price Volatility and the Housing Ladder’,  in D. Wise (ed), Insights in the Economics of Ageing, Chapter 3, University of Chicago Press.

More on this topic

IFS Working Paper W20/2
Household borrowing and spending rise with house prices, particularly for leveraged households, but household spending is not consumption.
Newspaper article
If there’s one thing that everyone in politics seems to agree on, it’s that we need to solve the housing crisis. But there "really aren’t easy solutions here."
Newspaper article
IFS researcher Jonathan Cribb worked alongside historian Claire Langhamer, personal finance expert Sharon Collard and the BBC to analyse the shift in wages, house prices and property ownership over time.
IFS Working Paper W19/18
The vast majority of household wealth in the U.S. is held in illiquid assets, primarily housing, making households vulnerable to unexpected income shocks. To rationalize this preference for illiquidity, we build a life-cycle model where households are tempted to consume their liquid wealth but can ...