Factors Influencing Tenure Choice in European Countries

Monika Bazyl

No 186, SOEPpapers on Multidisciplinary Panel Data Research from DIW Berlin, The German Socio-Economic Panel (SOEP)

Abstract: Homeownership rates are very different across European countries. They range from below 50% in Germany to over 80% in Greece, Spain or Ireland. However the differences lie not only in the overall homeownership rates but also in its structure, and this is the focus of this paper. Its aim is to study the impact of microeconomic factors on household's tenure choice, using a cross-country comparative approach. Logit models are constructed for each country using data for year 2000 from the Consortium of Household Panels for European Socio-Economic Research micro-database. The models show that marriage is a significant determinant of the decision to move to homeownership in all analysed countries, while co-habitating households are more likely to rent, except for Denmark. Nationality, income and age proved to be significant explanatory variables in several countries, while staying insignificant in others.

Keywords: Tenure choice; homeownership; housing (search for similar items in EconPapers)
JEL-codes: D10 R20 (search for similar items in EconPapers)
Pages: 19 p.
Date: 2009
New Economics Papers: this item is included in nep-eec and nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.diw.de/documents/publikationen/73/diw_01.c.98238.de/diw_sp0186.pdf (application/pdf)

Related works:
Journal Article: Factors Influencing Tenure Choice in European Countries (2009)
Working Paper: Factors Influencing Tenure Choice in European Countries (2009)
Working Paper: Factors influencing tenure choice in European countries (2009)
Working Paper: Factors influencing tenure choice in European countries (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:diw:diwsop:diw_sp186

Access Statistics for this paper

More papers in SOEPpapers on Multidisciplinary Panel Data Research from DIW Berlin, The German Socio-Economic Panel (SOEP) Contact information at EDIRC.
Bibliographic data for series maintained by Bibliothek ().