Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/183173
Authors: 
Mundra, Kusum
Uwaifo Oyelere, Ruth
Year of Publication: 
2018
Series/Report no.: 
GLO Discussion Paper 258
Abstract: 
There is a growing trend of buying homes among the single population in the U.S. This trend has been referred to as "Going Solo" and is particularly evident among women who are the focus of our study. In this paper we investigate the hypothesis that homeownership probabilities can be affected by marriage market expectations and pessimistic marriage market expectations may raise home buying probabilities among never married singles. We focus solely on the sub population called the never married single females and our results provide evidence consistent with the above hypothesis. In particular, we find that up to a certain threshold, the probability of homeownership decreases when the marriage market prospect indicator improves and there is evidence of heterogeneity in this relationship across race, education level, age group and motherhood status.
Subjects: 
Home Ownership
Never Married Singles
Marriage Market
Sex Ratios
Marriage Rates
Single Females
JEL: 
J1
J12
R21
Document Type: 
Working Paper
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