Corpus ID: 54179296

In ) attention to the costs of homeownership : evidence from the residential real estate market

@inproceedings{Bengali2018InA,
  title={In ) attention to the costs of homeownership : evidence from the residential real estate market},
  author={Leila Bengali},
  year={2018}
}
Many consumer decisions involve goods and services that have accompanying costs that are not salient at the moment of purchase. There is consistent evidence that consumers are inattentive to additional costs associated with small, quotidian purchases, but there is less evidence from large consumption decisions that are made infrequently. In this paper I examine the decision to buy a home, and study the attention paid to the annual cost of property tax. Using a border discontinuity design, I… Expand

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