CORDIS Project
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YoHo investigates the effects of financial policies on young homebuyers in competitive housing markets. By analyzing data and modeling responses, the project aims to understand how subsidies influence homeownership rates and housing prices.
Consider a household looking to buy a house.
In attractive locations, this household competes with other buyers to purchase their desired property since the number of listed properties is limited.
In this scenario, what is the impact of subsidizing a given group?
What is the impact of a change in public policy that affects one group more than others?
Do households respond to the policy by changing their preferences?
YoHo (Young Homeownership) builds on a simple yet powerful insight: if a buyer i…
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