The Effects of Housing Push Factors and Rent Expectations on Household Formation of Young Adults
Following a group of young adults aged 25â€“34 living with their parents in the American Housing Survey (AHS) data from 1985 through 1995, this paper investigates the effect of overcrowding and neighborhood satisfaction on household formation after controlling for local rental levels and their changes over time. Most of these except for local rent levels have not been tested before in models and hence this study enriches the knowledge on household formation and its consequent potential demand for rental and ownership housing units.
Volume (Year): 28 (2006)
Issue (Month): 2 ()
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References listed on IDEAS
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- Ermisch, John & Di Salvo, Pamela, 1997. "The Economic Determinants of Young People's Household Formation," Economica, London School of Economics and Political Science, vol. 64(256), pages 627-644, November.
- Frances Goldscheider & Julie DaVanzo, 1985. "Living arrangements and the transition to adulthood," Demography, Springer;Population Association of America (PAA), vol. 22(4), pages 545-563, November.
- Haurin, Donald R & Hendershott, Patric H & Kim, Dongwook, 1993. "The Impact of Real Rents and Wages on Household Formation," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 284-293, May.