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Safe and Satisfied? External Effects of Homeownership in Rotterdam

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  • Dirk Brounen
  • Ruben Cox
  • Peter Neuteboom

Abstract

The article analyses the impact of homeownership on neighbourhood safety and neighbourhood satisfaction, using a unique panel dataset for the city of Rotterdam. The results show that there are significant, but economically small, effects of homeownership on safety and satisfaction. Moreover, the relation between ownership and satisfaction is significantly moderated by neighbourhood safety. The paper examines whether the marginal impact of increases in homeownership on external effects diminish once ownership levels are higher. According to the data, this seems to be the case. The results are robust to alternative specifications. The findings provide insights for the evaluation of housing market policies that subsidise or stimulate homeownership.

Suggested Citation

  • Dirk Brounen & Ruben Cox & Peter Neuteboom, 2012. "Safe and Satisfied? External Effects of Homeownership in Rotterdam," Urban Studies, Urban Studies Journal Limited, vol. 49(12), pages 2669-2691, September.
    • Handle: RePEc:sae:urbstu:v:49:y:2012:i:12:p:2669-2691
    DOI: 10.1177/0042098011432558
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    References listed on IDEAS

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    Cited by:

    1. Kleinhans, Reinout & van Ham, Maarten, 2013. "Lessons Learned from the Largest Tenure Mix Operation in the World: Right to Buy in the United Kingdom," IZA Discussion Papers 7168, Institute of Labor Economics (IZA).
    2. M. Reza Shirazi & Ramin Keivani, 2021. "Social Sustainability of Compact Neighbourhoods Evidence from London and Berlin," Sustainability, MDPI, vol. 13(4), pages 1-20, February.
    3. Rachel Ong ViforJ & Hiroaki Suenaga & Ryan Brierty, 2024. "Homeownership and subjective well-being: Are the links heterogeneous across location, age and income?," Urban Studies, Urban Studies Journal Limited, vol. 61(5), pages 859-877, April.
    4. M. Reza Shirazi & Ramin Keivani & Sue Brownill & Georgia Butina Watson, 2022. "Promoting Social Sustainability of Urban Neighbourhoods: The Case of Bethnal Green, London," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 46(3), pages 441-465, May.
    5. John Gibson & Bonggeun Kim, 2018. "Home Ownership and Political Participation: Longitudinal Evidence Suggests There is No Causal Relationship," Working Papers in Economics 18/02, University of Waikato.

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