High Home Ownership as a Driver of High Unemployment

Unemployment is once again the bane of the US and Europe. This column highlights an intriguing association between home ownership and high unemployment using US state-level data. Given the heavy subsidisation of and rise in home ownership, this association merits more attention from economists. Unemployment matters. It is a major source of unhappiness, mental ill-health, [...] View the full post at: High Home Ownership as a Driver of High Unemployment Related posts: Unemployment Stands at 26-Year High; Layoffs Slow Unemployment Rates Increase in 49 States Roubini Sees Unemployment Rate at 11% in 2010