Imbalanced sex ratios and housing prices in the U.S

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 mar...

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Bibliographic Details
Published in:Growth and change 2019-12, Vol.50 (4), p.1441-1459
Main Author: Kuroki, Masanori
Format: Article
Language:English
Subjects:
Advertising
Economic theory
Housing
Housing costs
Housing prices
Marriage
Mating
Men
Prices
Resource allocation
Scarcity
Sex ratio
Sexes
Women
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Summary: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.
ISSN:0017-4815
1468-2257
DOI:10.1111/grow.12330