The Daily Stat: Rising Home Equity Funds a Rising Birth Rate, but Only for Homeowners

 

Are you having trouble viewing this email? If so, click here to see it in a web browser.

March 03, 2014 Rising Home Equity Funds a Rising Birth Rate, but Only for Homeowners A $10,000 increase in average home prices leads to a 5% increase in fertility rates among homeowners but a 2.4% decrease among nonowners, an effect that is substantially larger than the impact of jobless-rate fluctuations, say Lisa J. Dettling of the U.S. Federal Reserve Board and Melissa S. Kearney of the University of Maryland. When house prices rise, homeowning couples apparently use some of their increased housing wealth to "fund" their childbearing goals; but for nonowners, rising prices are one more barrier to having children. SOURCE: House prices and birth rates: The impact of the real estate market on the decision to have a baby

PREVIOUS STATS Can a President's Happy Talk Hurt the Economy? It Matters Which Avatar You Choose When Gaming European Businesses Wake Up to the Value of an MBA Degree Workers Would Lose Serious Money if Employers Paid 401(k) Contributions Once a Year Rich Incentives for Innovation Yield a Flood of Mediocre Ideas Will Your Entrepreneurial Personality Sink Your Start-Up?

BEST SELLERS HBR's 10 Must Reads: The Essentials | HBR's 10 Must Reads Boxed Set | HBR Guide to Persuasive Presentations | HBR Guide to Better Business Writing | HBR Guide to Getting the Right Work Done

FEATURED PRODUCT The First 90 Days App for iPhone and Android MAKE YOUR NEXT CAREER TRANSITION A SUCCESS. Download The First 90 Days App today to help you stay ahead of the game. Download on the App Store Download on Google Play

FEATURED PRODUCT Big Data at Work: Dispelling the Myths, Uncovering the Opportunities HBR Press Book Go ahead, be skeptical about big data. The author was—at first. When the term "big data" first came on the scene, bestselling author Tom Davenport (Competing on Analytics) thought it was just another example of technology hype. But his research in the years that followed changed his mind. Now, in clear, conversational language, Davenport explains what big data means—and why everyone in business needs to know about it. Big Data at Work covers all the bases: what big data means from a technical, consumer, and management perspective; what its opportunities and costs are; where it can have real business impact; and which aspects of this hot topic have been oversold. With dozens of company examples, including UPS, GE, Amazon, United Healthcare, Citigroup, and many others, this book will help you seize all opportunities—from improving decisions, products, and services to strengthening customer relationships. It will show you how to put big data to work in your own organization so that you too can harness the power of this ever-evolving new resource Buy Now

ADVERTISEMENT

HBR.ORG | THE MAGAZINE | BLOGS | BOOKS | CASES | STORE | SUBSCRIBE TO HBR UNSUBSCRIBE | NEWSLETTERS PRIVACY POLICY | CONTACT Copyright © 2013 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing 60 Harvard Way Boston, MA 02163 CUSTOMER SERVICE: 800-545-7685 (US/Canada) 1-617-783-7600 (outside the U.S. and Canada)