The impact of gains and losses on homeowner decisions
Using unique data on condominium transactions that allow for accurately-measured capital gains and losses, we examine the impact of these gains and losses on homeowner decisions. Consistent with the disposition effect, owners with a gain have higher sell propensities than those with a loss. Since rea...
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Main Authors: | HONG, Dong, LOH, Roger, WARACHKA, Mitch |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2014
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6247 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=7246&context=lkcsb_research |
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Institution: | Singapore Management University |
Language: | English |
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