Housing satisfaction, homeownership and housing mobility: a panel data analysis for twelve EU countries
We investigate the determinants of housing satisfaction in twelve EU countries. To do so, we use panel data covering the period 1994-2001, which allows us to control for individual heterogeneity. We carry out separate estimates on the determinants of housing satisfaction for homeowners and for renters and observe that: i) the tenure status is critical in determining the level of housing satisfaction; ii) housing satisfaction acts as trigger event of housing mobility, and; iii) dissatisfied renters are more likely to move than their homeowners counterparts. Our results also allow us to conclude that self-reported housing satisfaction is a meaningful variable able to explain individual's objective economic behavior, since it is able to anticipate movements in the households' demand for housing
Year of publication: |
2006
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Authors: | Diaz-Serrano, Luis |
Publisher: |
Bonn : Institute for the Study of Labor (IZA) |
Saved in:
freely available
Series: | IZA Discussion Papers ; 2318 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 518343529 [GVK] hdl:10419/33744 [Handle] |
Source: |
Persistent link: https://www.econbiz.de/10010267756
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