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BEGIN:VEVENT
UID:4c3cee3461b7be75640fec962c31b7c0
CATEGORIES:Seminars
CREATED:20220711T093811
SUMMARY:Lunch Seminar: Felipe Severino - Tuck School of Business  at  Dartmouth College
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="text-align: justify;"><strong>Perception of House Price Risk and 
 Homeownership</strong>" with Manuel Adelino, and Antoinette Schoar</p><p st
 yle="text-align: justify;">Abstract:</p><p style="text-align: justify;">Thi
 s paper shows that while a majority of US households (71%) believes that ho
 using is a “safe” investment, renters are much more likely to perceive hous
 ing as risky. Current housing decisions as well as future intentions to buy
  versus rent are strongly correlated with perceptions of house price risk. 
 Households’ exposure to housing risk due to financial constraints, expected
  mobility or labor income risk are important factors for housing choices bu
 t do not mitigate the impact of risk perceptions. Finally, renters are slow
 er to update beliefs about the riskiness of housing in response to past (lo
 cal) house price changes</p>
DTSTAMP:20260405T211115Z
DTSTART:20220718T130000Z
DTEND:20220718T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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