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RMWildly | 2 years ago

I've also read a line of thinking that negatively correlates home ownership with entrepreneurship - or sometimes this is operationalised as a high proportion of net worth being accounted for by home ownership rather than other assets.

This paper explores the idea in the UK over time, but I've seen studies out there that examine the idea comparing the UK to other European countries where home ownership is less of an embedded norm: https://conference.iza.org/conference_files/ESSLE_2012/brack...

Anyhow, very interesting to think that there are human traits at play as in the original article as well as structural/socio-economic factors.

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