Real Estate Income and Relocation
DOI:
https://doi.org/10.1016/1057-0810(91)90007-LAbstract
This paper looks at the decision relationship between two major assets of the individual, residential real estate and human capital, the ability to generate income from labor. Empirical results indicate that labor income is not sufficient for defining income within the utility fiction; real estate income must also be included. The derision to relocate must be made after considering both the return and risk in the area’s residential real estate as well as the potential income from salaries.
Downloads
Downloads
Published
Issue
Section
License
Copyright (c) 1991 JAI Press Inc.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Author(s) retain the copyright and full publishing rights without restriction.
Author(s) grant the Journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial 4.0 International License that allows reusers to distribute, remix, adapt, and build upon the material in any medium or format, for noncommercial purposes only. Reusers must acknowledge the work's authorship and initial publication in this Journal.
Noncommercial means not primarily intended for or directed towards commercial advantage or monetary compensation.
In addition, FSR grants to the UGA Libraries a worldwide, non-exclusive license to all content published by the Journal, including metadata, that is necessary to publish, transmit, and index the Journal and to preserve its content over time.
