Incentives and Social Capital: Are Homeo
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Denise DiPasquale; Edward L. Glaeser
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Article
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1999
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Elsevier Science
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English
β 143 KB
Homeownership may encourage investment in local amenities and social capital, because homeownership gives individuals an incentive to improve their community and because homeownership creates barriers to mobility. Using the U.S. General Social Survey, we document that homeowners invest more in socia