We estimate how households trade off immediate costs and uncertain future benefits that
occur in the very long run, 100 or more years away. We exploit a unique feature of housing …

We provide direct estimates of how agents trade off immediate costs and uncertain future
benefits that occur in the very long run, 100 or more years away. We exploit a unique feature …

We provide the first direct estimates of how agents trade off immediate costs and uncertain
future benefits that occur in the very long run, 100 or more years away. We find that very long …

We provide the first direct estimates of how agents trade off immediate costs and uncertain
future benefits that occur in the very long run, 100 or more years away. We find that very long …

We provide direct estimates of how agents trade off immediate costs and uncertain future
benefits that occur in the very long run, 100 or more years away. We exploit a unique feature …

We provide the first direct estimates of how agents trade off immediate costs and uncertain
future benefits that occur in the very long run, 100 or more years away. We find that very …

In this Appendix we expand on important institutional details of leasehold ownership in
England and Wales. In Appendix A. 1.1 we provide historical background on the …

We estimate how households trade off immediate costs and uncertain future benefits that
occur in the very long run, 100 or more years away. We exploit a unique feature of housing …

We provide the first direct estimates of how agents trade off immediate costs and uncertain
future benefits that occur in the very long run, 100 or more years away. We find that very …

We provide direct estimates of how agents trade off immediate costs and uncertain future
benefits that occur in the very long run, 100 or more years away. We exploit a unique feature …