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Keywords: Diminishing partnership
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Journal Articles
International Journal of Housing Markets and Analysis (2021) 14 (2): 283–304.
Published: 02 July 2020
... that translates into mortgage defaults and foreclosures. Home financing could alternatively be structured as a diminishing partnership preventing the homeowner from ever having negative equity. Design/methodology/approach Using Johansen’s cointegration test, the authors provide evidence of a long-run...
