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Determinants of graduates' demand for housing

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  • Mike Rosser

Abstract

During the early 1990s the number of UK graduates increased substantially while the number of young first time home buyers was diminishing and student loans began to replace maintenance grants. In the light of these changes, this paper examines the influences on home ownership based on a sample of 1991-95 Coventry University graduates. Significant explanatory variables are years of work since leaving university, household income, living with a partner, children and a lump sum inheritance or gift. Student loans, age, gender, house prices and relative buy/rent costs do not significantly affect the probability of home ownership.

Suggested Citation

  • Mike Rosser, 1999. "Determinants of graduates' demand for housing," Applied Economics Letters, Taylor & Francis Journals, vol. 6(3), pages 139-142.
    • Handle: RePEc:taf:apeclt:v:6:y:1999:i:3:p:139-142
    DOI: 10.1080/135048599353492
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    References listed on IDEAS

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    1. Kamara, DuEwa, 1994. "The Effect of the Probability of Marriage on Housing Demand for Single Women," Journal of Housing Economics, Elsevier, vol. 3(4), pages 296-311, December.
    2. Ermisch, John, 1996. "The Demand for Housing in Britain and Population Ageing: Microeconometric Evidence," Economica, London School of Economics and Political Science, vol. 63(251), pages 383-404, August.
    3. Haurin, Donald R. & Kamara, Duewa A., 1992. "The homeownership decision of female-headed households," Journal of Housing Economics, Elsevier, vol. 2(4), pages 293-309, December.
    4. Boehm, Thomas P., 1993. "Income, Wealth Accumulation, and First-Time Homeownership: An Intertemporal Analysis," Journal of Housing Economics, Elsevier, vol. 3(1), pages 16-30, December.
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    Cited by:

    1. Insik Min, 2007. "A nonparametric test of the conditional normality of housing demand," Applied Economics Letters, Taylor & Francis Journals, vol. 14(2), pages 105-109.

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