Researchers found that the more uncertain prices are in the housing market, the more people dive in and buy, Business Insider reports.
The researchers analyzed housing markets in the U.S. and the U.K., dividing the markets further based on the percentage of change in housing prices between 1974 and 1998. They noted that people ages 21 to 35 had a 40 percent higher chance of purchasing a home during a time of high volatility than one with lower volatility.
A young household is also more likely to move up to a house of higher value during riskier times.
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