Outline proposed

[ichoi-econ]

1. Who are renters: age, education, labor market status, years of living in the neighborhood, etc.

2. What renters have been experiencing, compared to homeowners

   • static: labor supply, wage, consumption, etc.
   • dynamic: moving-out rate, job-to-job transition rate (i.e. job mobility both in terms of transition into new local jobs and new jobs outside the local labor market)
   • need to check if moving-out or j-to-j transition rates depend on how fast house prices are rising

3. If higher moving-out or j-to-j transition rate found for areas where house prices are rising rapidly, check if it's voluntary or not (so-called gentrification)

   • any additional moving-out or j-to-j transition rate that cannot be explained by less frictions of renters?
   • control group: renters living in areas experiencing no/less gentrification

[ichoi-econ]

Additional tentative research designs

1. Does the probability that women re-participate in the labor market after maternity leave depend on homeownership status?
2. Do women exit the labor market once homeownership status changes from renter to owner? (need to control the number of children)