Household Formation and Home Ownership: The Impacts of Demographics andTaxes / Patric H. Hendershott.

Format:

Book

Author/Creator:

Hendershott, Patric H.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w2375.

NBER working paper series no. w2375

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Household Formation and Home Ownership

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1987.

Summary:

This paper summarizes the impact of economic, social and demographic variables on household formations and home ownership in the 1960-85 period and uses this knowledge to forecast household formations, and their split between owners and renters, through the year 2000. High and low growth forecasts are reported, both with and without enactment of the Tax Reform Act of 1986. The forecasts are compared with those of others. Net household formations are expected to be robust through 1990 (above 1 1/2 million per year), but to tail off sharply in the 1990s (down to 1 million by 2000). Home ownership should rise slightly in the 1990s.

Notes:

Print version record

September 1987.