… desired levels of housing or local public services if, for example, household size changes or
… Section 3 follows with the specification of our econometric model of household mobility. The …

… household mobility by 30 percent, and $1,000 of additional mortgage or property tax costs
reduces household mobility … a slight positive correlation between mobility and negative equity …

… Finances panel to examine US households’ decisions to move during the … equity and
household mobility varies with households’ exposure to … Housing busts and household mobility …

… with a common demand bust, with spatial … , household heads that work in the central city,
and those that commute by car. The result continues to hold when we control for household …

… I study cyclical patterns in US data spanning four decades and document that busts in the
housing market are associated with downturns in the … Housing busts and household mobility …

… that nearly 12% of households have some disruptive event in … However, 92 households
had economic and family events … rapidly changing boom and bust cycle of the housing market. …

… ; comparing across households, we find that the drop in consumption during the bust is
proportional to the initial share of housing wealth in total … Labor is perfectly mobile across sectors. …

… household mobility and suggests that by increasing the fraction of households in negative
equity, a housing bust … segmented labor markets and limited mobility. The economy consists of …

… 22 One might be concerned this is a special time in US history, especially since the housing
boom and bust plays a prominent role throughout most of the time period. However, in …

… mobility, covering a wide range of housing and other structural policies. The analysis is
based on previous work on housing and residential mobility (… to influence household mobility …