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As Home Values Increase, So Do Babies

26 February 2014 12:30 pm
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As Home Values Increase, So Do Babies

Flickr/Photo by Kitt Walker

When a couple’s home value increases, they’re more likely to feel secure and have a baby. On the other hand, for nonowners, rising metropolitan area home prices lead to fewer of their own little ones, according to a new study published this month in the Journal of Public Economics. For every $10,000 increase in home prices between 1997 and 2006, the researchers found that owners’ birthrates rose 5% on average, while renters’ rates dropped by 2.4%.

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