Residential Mobility Decisions in Japan: Effects of Housing Equity Constraints and Income Shocks under the Recourse Loan System

Miki Seko (), Kazuto Sumita and Michio Naoi

The Journal of Real Estate Finance and Economics, 2012, vol. 45, issue 1, 63-87

Keywords: Residential mobility; Housing equity constraint; Conditional fixed effects logit model; Loan-to-value ratio; Debt-to-income ratio; Negative equity; Japan; Recourse loan; R21; C51; G21 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (6)

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DOI: 10.1007/s11146-011-9322-3

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