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Entry to Home-ownership in Germany: Some Comparisons with the United States

Author

Listed:
  • W.A.V. Clark

    (Department of Geography, University of California at Los Angeles, Los Angeles, California, 90024, USA, wclark@geog.ucla.edu.)

  • M.C. Deurloo

    (Faculty of Environmental Sciences, University of Amsterdam, 1018 VZ Amsterdam, the Netherlands, deurloo@isg.frw.uva.nl)

  • F.M. Dieleman

    (Faculty of Geographical Sciences, University of Utrecht, PO Box80.115, 3508 TC Utrecht, the Netherlands, fdieleman@frw.ruu.nl)

Abstract

New research on migration, mobility and housing tenure choice using the concept of the life-course is providing an enriched analysis of the context within which housing choices are made and of the demographic and economic variables which are critical determinants of the decisions to move and to change tenures. The availability of panel series data for the US and Germany allows cross-national comparisons of the migration and tenure choice processes. There are substantial differences in the rates of mobility and the rates of moves of households from the rental sector to ownership, especially for couples, but the results confirm the overall similarities in the mobility and tenure choice processes despite the differing government commitments to housing policy. The models show that it is primarily couples and families who make the transition to ownership and that income and number of earners are important in both contexts and German households have even higher incomes before they make the transition to ownership. At the same time, the tax benefits in Germany have also made it possible for families with relatively lower incomes to move to the ownership sector.

Suggested Citation

  • W.A.V. Clark & M.C. Deurloo & F.M. Dieleman, 1997. "Entry to Home-ownership in Germany: Some Comparisons with the United States," Urban Studies, Urban Studies Journal Limited, vol. 34(1), pages 7-19, January.
    • Handle: RePEc:sae:urbstu:v:34:y:1997:i:1:p:7-19
    DOI: 10.1080/0042098976249
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    References listed on IDEAS

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    Cited by:

    1. Niklas Gohl & Peter Haan & Claus Michelsen & Felix Weinhardt, 2019. "Deutschland: ein Land der Mieter? Die Rolle von Erwartungen über zukünftige Immobilienpreisentwicklungen [Germany, a country of renters? The role of price expectations]," Zeitschrift für Immobilienökonomie (German Journal of Real Estate Research), Springer;Gesellschaft für Immobilienwirtschaftliche Forschung e. V., vol. 5(1), pages 95-109, November.
    2. repec:zbw:rwirep:0006 is not listed on IDEAS
    3. Miriam Marcén & Marina Morales, 2020. "The effect of culture on home‐ownership," Journal of Regional Science, Wiley Blackwell, vol. 60(1), pages 56-87, January.
    4. Amelie F. Constant & Rowan Roberts & Klaus F. Zimmermann, 2009. "Ethnic Identity and Immigrant Homeownership," Urban Studies, Urban Studies Journal Limited, vol. 46(9), pages 1879-1898, August.
    5. Andrew, Mark & Haurin, Donald & Munasib, Abdul, 2006. "Explaining the route to owner-occupation: A transatlantic comparison," Journal of Housing Economics, Elsevier, vol. 15(3), pages 189-216, September.
    6. Diaz-Serrano, Luis, 2005. "Labor income uncertainty, skewness and homeownership: A panel data study for Germany and Spain," Journal of Urban Economics, Elsevier, vol. 58(1), pages 156-176, July.
    7. Thomas K. Bauer, & Deborah A. Cobb-Clark & Vincent Hildebrand & Mathias Sinning, 2007. "A Comparative Analysis of the Nativity Wealth Gap," Ruhr Economic Papers 0006, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    8. Bellgardt Egon, 2000. "Wohnkosten und Besitzformwahl. Empirische Ergebnisse der Einkommens- und Verbrauchsstichprobe / Housing Costs and Tenure Choice. Empirical Results from the Einkommens- und Verbrauchsstichprobe," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 220(6), pages 653-668, December.
    9. Ricardo Hurtubia & Michel Bierlaire, 2014. "Estimation of Bid Functions for Location Choice and Price Modeling with a Latent Variable Approach," Networks and Spatial Economics, Springer, vol. 14(1), pages 47-65, March.
    10. Ramon Sotelo, 2001. "Foundations of Home Ownership Policy - The Implementation of the Financing of Use as an Independent Finance Level," ERES eres2001_281, European Real Estate Society (ERES).
    11. Abdul Munasib, 2009. "Housing Tenure Choice Implications of Social Networks: A Structural Model Approach," Economics Working Paper Series 0905, Oklahoma State University, Department of Economics and Legal Studies in Business.
    12. Abdul Munasib & Donald Haurin, 2007. "Time to First Homeownership:Racial Differences, and the Impact of 1986 Tax Reform Act," Economics Working Paper Series 0701, Oklahoma State University, Department of Economics and Legal Studies in Business, revised 2007.

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