A Micro-Market Analysis of Tenure Choice Using the Logit Model
Empirical studies on housing tenure choice have generally uncovered a multiplicity of factors that influence households in their decision to own using mostly national aggregate or cross-metropolitan data that often obscure intrametropolitan influences. In this aper we focus on these localized influences by investigating micro-locational and occupation-specific influences on the housing tenure choice behavior of college professors in the Washington, D.C. metropolitan area. Our logit analysis of this behavior shows that employment-related and spatial forces exert a strong influence on their decision. We also found that the explanatory power of the micro-location variable incorporates some income effect.
Volume (Year): 6 (1991)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323|
Web page: http://www.aresnet.org/
|Order Information:|| Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323|
Web: http://pages.jh.edu/jrer/about/get.htm 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.:
- Krumm, Ronald, 1987. "Intertemporal tenure choices," Journal of Urban Economics, Elsevier, vol. 22(3), pages 263-275, November.
- Kent, Richard J., 1984. "Housing tenure choice: Evidence from time series," Journal of Urban Economics, Elsevier, vol. 15(2), pages 195-209, March.
- Henderson, J Vernon & Ioannides, Yannis M, 1983. "A Model of Housing Tenure Choice," American Economic Review, American Economic Association, vol. 73(1), pages 98-113, March.
- J.F. Doling, 1973. "A Two-stage Model of Tenure Choice in the Housing Market," Urban Studies, Urban Studies Journal Limited, vol. 10(2), pages 199-211, June.
- Peter Linneman & Susan Wachter, 1989. "The Impacts of Borrowing Constraints on Homeownership," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(4), pages 389-402.
- Lawrence D. Jones, 1989. "Current Wealth and Tenure Choice," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(1), pages 17-40.
- Zorn, Peter M., 1988. "An analysis of household mobility and tenure choice: An empirical study of Korea," Journal of Urban Economics, Elsevier, vol. 24(2), pages 113-128, September.
- Keith Ray Ihlanfeldt, 1980. "An Intertemporal Empirical Analysis of the Renter's Decision to Purchase a Home," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 8(2), pages 180-197.
- George Fallis, 1983. "Housing Tenure in a Model of Consumer Choice: A Simple Diagrammatic Analysis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 11(1), pages 30-44.
- Eilbott, Peter & Binkowski, Edward S., 1985. "The determinants of SMSA homeownership rates," Journal of Urban Economics, Elsevier, vol. 17(3), pages 293-304, May.
When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:6:n:3:1991:p:327-340. 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: (JRER 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.