Discussion Paper

Stuck At Home? The Drag of Homeownership on Earnings After Job Separation


Abstract: This note takes a novel approach to study the question of whether housing ownership has negative effects on workers' mobility. While most of the literature has focused on studying differential migration rates between owners and renters, commonly known as "house-lock", we analyze this question from the perspective of differences in earnings.

https://doi.org/10.17016/2380-7172.2802

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2020-11-12

Number: 2020-11-12-1