Following a panel of stayers: Length of stay, tenure choice, and housing demand

Estimating Equilibrium Housing Demand for "Stayers"

This study models demand by owner-occupied housing ‘‘stayers.’’ Most consumers do not move routinely in response to small changes in income or housing price, so the ‘‘own rent’’ and ‘‘move stay’’ decisions are modeled as multiperiod optimization in the presence of transaction costs. The empirical section uses the ‘‘American Housing Survey’’ to provide a panel of household stayers for a metropol...

Modelling Mobility and Housing Tenure Choice A Multinomial Probit Model for Panel Data (Draft version)

We use a binary and a multinomial probit model to describe the Dutch household moving decision and joint decisions of the housing tenure choice and residential mobility, respectively. We can only observe the change of the tenure choice after the household moved. We use the method of simulated maximum likelihood (SML) to estimate the heterogeneity by using the specification of random effects wit...

Housing Tenure Choice, Race and the Recommendations of the President’s Advisory Panel on Federal Tax Reform

A Joint Model of Tenure Choice and Demand for Housing in the City of Karachi

Housing Tenure Choice in Transitional Urban China: A Multilevel Analysis

Using a 1996 national survey of housing in China and a multilevel modelling technique, we examine housing tenure choice in transitional urban China where households have been granted limited freedom of choice in the housing market since the housing reforms of 1988. We Ž nd that both market mechanisms and institutional forces affect households’ tenure choice in urban China. While some socioecono...