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Tag: home ownership

High unemployment? Blame high home ownership, study says – NBC News.com

November 4, 2013 ~ CBPS ~ Leave a comment

…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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