Degree Type

Dissertation

Date of Award

1986

Degree Name

Doctor of Philosophy

Department

Family Environment

Abstract

The data for this study come from a longitudinal survey, the Panel Study of Income Dynamics. The subsample used in this study includes husband-wife families that remained intact and had the same household head from 1979 to 1983. Four models are tested. If the wife's average hourly earnings are high, there is a high probability that the family will own a house, have high home equity levels, and have a large increase in home equity levels between 1979 and 1983. The family's stage of the life cycle is a strong indicator of whether a family changes from nonowner to owner status;Whites have higher equity levels than nonwhites. The Western region of the country has higher levels of equity and the North Central region has lower levels of equity than the Northeastern region. There is a significant difference in equity levels and in the change in equity between cities of 500,000 or more compared to those with populations of less than 500,000. As families acquire more income, they invest more of it into their home. When the wife is relatively old and has a high level of education, the probability is high that the family will have high levels of home equity.

DOI

https://doi.org/10.31274/rtd-180813-5723

Publisher

Digital Repository @ Iowa State University, http://lib.dr.iastate.edu/

Copyright Owner

Sharon M. Danes

Language

en

Proquest ID

AAI8615039

File Format

application/pdf

File Size

110 pages

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