nonhousing

To digress only slightly, I should note that it is not obvious that changes in the value of housing should affect nonhousing consumption at all.

This is distinct from income level and captured in the INC dummy variables and reflects the capacity for nonhousing consumption.

In 1989, the nonhousing debt of households headed by a person aged 50 or more was modest.

We also include a term for total wealth that is defined as the value of respondent's housing equity plus nonhousing equity (e.g., value of vehicles, bank accounts, investments, retirement funds, business equity).

Legislation was enacted which expanded the authority of the Human Rights Division of the Department of Labor beyond responsibility for enforcing employment and housing discrimination protections to include responsibility for discrimination protection provisions for public accommodations, public services, and nonhousing related lending.

In most cases, when significant, the interaction effect for income and no mortgage is positive for nonhousing expenditures, meaning that, if given an additional dollar, owners without mortgages would spend a larger portion of it for goods and services than would owners with mortgages.

Other factors include the amount of the loan requested, nonhousing debt, assets available for downpayment and closing costs, employment experience, and credit history.

The justification for assuming no spatial variation in prices for the nonhousing goods and services in the consumption bundle of the poor is based primarily on two reasons.

Finally, [X.sub.j] is household's consumption of a numeraire nonhousing good, defined as [X.sub.j] = Y - [P.sub.j], where Y is household income and [P.sub.j] is the price paid for the dwelling choice option j.

They received an average of 2.1 (1.0) of the five types of nonhousing services.