Housing satisfaction, homeownership and housing mobility
Subtitle: a panel data analysis for twelve EU countries
By: by Luis Diaz-Serrano
Series: Discussion paper -- no. 2318; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2318
Publisher: IZA
Published: 2006
Place of publication: Bonn, Germany
Language: eng
Format: [electronic resource] :
Subjects: Housing; Resident satisfaction; Home ownership
Description: "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 10/2/2006.

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