Who Wants to be a Landlord? Factors that Affect the Inclination of Israeli Households to Rent out Property
The supply of rental housing is by and large provided by landlord households. Little is understood about the factors, beyond financial portfolio considerations, that affect the inclination of people or households to become landlords. Studies of the American rental market have pointed to differences across income, wealth, ethnicity, and education in the willingness to rent out residential property to others. Here, we examine the question for Israel. We find that income and wealth are positively associated with the inclination to be a landlord. Education has an effect in Israel in contrast to the US (and Australia). Human capital in Israel appears to complement with rental property capital, unlike the case for the US and Australia, where they appear to be substitutes. In most cases, rental property in Israel and housing capital in the landlord's primary residence appear to be complementary. Ethnic minorities and new immigrants are under-represented among landlords. For households who own rental property, the income from such rentals is empirically analyzed.
Volume (Year): 16 (2013)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: |
Web page: http://www.asres.org/
|Order Information:|| Postal: Asian Real Estate Society, 51 Monroe Street, Plaza E-6, Rockville, MD 20850, USA|
Web: http://www.asres.org/ Email:
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mark Shroder, 2001. "What Makes a Landlord? Ownership of Real Estate by US Households," Urban Studies, Urban Studies Journal Limited, vol. 38(7), pages 1069-1081, June.
- Marietta Haffner & Marja Elsinga & Joris Hoekstra, 2008. "Rent Regulation: The Balance between Private Landlords and Tenants in Six European Countries," International Journal of Housing Policy, Taylor & Francis Journals, vol. 8(2), pages 217-233.
- de Leeuw, Frank & Ekanem, Nkanta F, 1971. "The Supply of Rental Housing," American Economic Review, American Economic Association, vol. 61(5), pages 806-17, December.
- Hans Skifter Andersen, 2008. "Is the Private Rented Sector an Efficient Producer of Housing Service? Private Landlords in Denmark and their Economic Strategies," International Journal of Housing Policy, Taylor & Francis Journals, vol. 8(3), pages 263-286.
- Nordvik, Viggo, 2000. "Tenure flexibility and the supply of private rental housing," Regional Science and Urban Economics, Elsevier, vol. 30(1), pages 59-76, January.
- Hans Skifter Andersen, 2008. "Is the Private Rented Sector an Efficient Producer of Housing Service? Private Landlords in Denmark and their Economic Strategies," European Journal of Housing Policy, Taylor and Francis Journals, vol. 8(3), pages 263-286.
- Gau, George W & Wang, Ko, 1994. "The Tax-Induced Holding Periods of Real Estate Investors: Theory and Empirical Evidence," The Journal of Real Estate Finance and Economics, Springer, vol. 8(1), pages 71-85, January.
- Marietta Haffner & Marja Elsinga & Joris Hoekstra, 2008. "Rent Regulation: The Balance between Private Landlords and Tenants in Six European Countries," European Journal of Housing Policy, Taylor and Francis Journals, vol. 8(2), pages 217-233.
- Gavin A. Wood & Yong Tu, 2004. "Are There Investor Clienteles in Rental Housing?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 32(3), pages 413-436, 09.
When requesting a correction, please mention this item's handle: RePEc:ire:issued:v:16:n:01:2013:p:119-133. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IRER Graduate Assistant/Webmaster)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.