Homeownership makes employees less willing to relocate, but also more tolerant of short-term decreases in the demand for their skills, since they can postpone maintenance on a house (or perform it inefficiently themselves with the surplus time) more safely than they can miss rent payments to a landlord.
Homeownership makes employees less willing to relocate, but also more tolerant of short-term decreases in the demand for their skills, since they can postpone maintenance on a house (or perform it inefficiently themselves with the surplus time) more safely than they can miss rent payments to a landlord.