Imbalanced Sex Ratios and Housing Prices in the U.S.
Document Type
Article
Publication Date
12-1-2019
Department
School of Business
Abstract
This paper investigates whether imbalanced local sex ratios are associated with housing prices in the U.S. at the county level during the period 2000–2017, based on the hypothesis that the importance for men of advertising financial resources by spending more on housing increases in the marriage market where there is a scarcity of women. The results indicate that an increase of 0.1 in sex ratio is associated with approximately a 2% increase in housing prices, suggesting that men may allocate more resources toward mating effort by increasing their spending on housing when there is an abundance of men. There is little evidence that the positive association was greater during the housing bubble.
DOI
10.1111/grow.12330
First Page
1441
Last Page
1459
Volume
50
Issue
4
ISSN
00174815
Recommended Citation
Kuroki, M. (2019). Imbalanced sex ratios and housing prices in the U.S.. Growth and Change, Wiley Blackwell, 50(4): 1441-1459. DOI: 10.1111/grow.12330