Arbeitspapier

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

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 2318

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Diaz-Serrano, Luis
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2006

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Diaz-Serrano, Luis
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2006

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