Saturday, December 13, 2008

From the "Everything you know is wrong." file.

I'm going to write my next rent check a bit more cheerfully. Grace Wong, Wharton School of Business...
…Controlling for demographics and income, homeowners do not report higher levels of well-being by any measure in this data set. In fact, they report to be less healthy, derive less joy from love and relationships, spend less time with friends and on active leisure, and also experience less positive affect during time spent with friends. Their time use patterns reveal little evidence of them being "better citizens"…
Hat tip to Matt Yglesias.

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