Full Citation

Title: Rural Homeownership and Labour Mobility in the United States

Citation Type: Journal Article

Publication Year: 2012

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Abstract: Are rural homeowners in the workforce as mobile as urban homeowners? This paper focuses on whether rural unemployedhomeowners end their unemployment spells more or less often without moving than urban homeowners. A competing hazardmodel is estimated using a five-year panel that controls for the demographics of the individuals and the economic characteristics of their workplaces. Evidence is found that unemployed rural homeowners appear to be less mobile than unemployed urban homeowners, which may suggest the presence of a lock-in effect similar to those identified by other researchers associated with subsidized housing, homeownership compared with renting, and mortgage illiquidity.

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Authors: Phimister, Euan; Monchuk, Daniel C.; Kilkenny, Maureen

Periodical (Full): Regional Studies

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Pages: 1-13

Data Collections: IPUMS USA

Topics: Housing and Segregation, Other

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