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. As predicted by the disposition effect, owners with a gain have higher sell propensities than those with a loss. Since re...

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Bibliographic Details
Main Authors: HONG, Dong, Loh, Roger, Warachka, Mitch
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2014
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research_smu/240
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1346&context=lkcsb_research_smu
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Institution: Singapore Management University
Language: English