…the linkage, established using data on millions of randomly sampled Americans, was extraordinarily robust.
Doubling home ownership in a state can lead to more than a doubling of the jobless rate.
“I have become convinced that by boosting home ownership we have ruined our labor market,” Oswald said.
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Peter Mehit is co-founder and Managing Partner of Custom Business Planning and Solutions, a business consulting firm that provides problem solving, planning and process help. He has worked from private equity to the Fortune 100 at all stages.
He can be reached at pmehit@wbpllc.com or at 800-741-8444.
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