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Residential Satisfaction for a Continuum of Households: Evidence from European Countries

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  • Borgoni, Riccardo
  • Michelangeli, Alessandra
  • Pirola, Federica

Abstract

Residential satisfaction depends on housing and neighborhood conditions in addition to housing cost affordability. To determine the relative importance of these factors, their average effect is usually estimated using sample data, eventually split in sub-samples in order to represent social classes. In this paper, within the theoretical framework of subjective well-being, we propose a novel empirical strategy independent of the concept of social class, able to estimate how the effect of drivers of residential satisfaction change on continuous according to households' income. We apply our methodology to investigate residential satisfaction in 23 European countries using 2012 EU-SILC module on housing conditions.

Suggested Citation

  • Borgoni, Riccardo & Michelangeli, Alessandra & Pirola, Federica, 2018. "Residential Satisfaction for a Continuum of Households: Evidence from European Countries," GLO Discussion Paper Series 190, Global Labor Organization (GLO).
  • Handle: RePEc:zbw:glodps:190
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    References listed on IDEAS

    as
    1. Diaz-Serrano, Luis, 2004. "Income Volatility and Residential Mortgage Delinquency: Evidence from 12 EU Countries," IZA Discussion Papers 1396, Institute of Labor Economics (IZA).
    2. Luis Diaz-Serrano & Alexandrina P. Stoyanova, 2010. "Mobility and housing satisfaction: an empirical analysis for 12 EU countries," Journal of Economic Geography, Oxford University Press, vol. 10(5), pages 661-683, September.
    3. Alison Parkes & Ade Kearns & Rowland Atkinson, 2002. "What Makes People Dissatisfied with their Neighbourhoods?," Urban Studies, Urban Studies Journal Limited, vol. 39(13), pages 2413-2438, December.
    4. Diaz-Serrano, Luis, 2009. "Disentangling the housing satisfaction puzzle: Does homeownership really matter?," Journal of Economic Psychology, Elsevier, vol. 30(5), pages 745-755, October.
    5. 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.
    6. M C Deurloo & W A V Clark & F M Dieleman, 1994. "The Move to Housing Ownership in Temporal and Regional Contexts," Environment and Planning A, , vol. 26(11), pages 1659-1670, November.
    7. Esperanza Vera-Toscano & Victoria Ateca-Amestoy, 2008. "The relevance of social interactions on housing satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 86(2), pages 257-274, April.
    8. Diaz-Serrano, Luis, 2005. "Income volatility and residential mortgage delinquency across the EU," Journal of Housing Economics, Elsevier, vol. 14(3), pages 153-177, September.
    9. Díaz Serrano, Luis & Ferrer Carbonell, Ada & Hartog, Joop, 2009. "Disentangling the Housing Satisfaction Puzzle: Does Homeownership Really Matter?," Working Papers 2072/42898, Universitat Rovira i Virgili, Department of Economics.
    10. Yee, Thomas W., 2010. "The VGAM Package for Categorical Data Analysis," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 32(i10).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    housing; subjective well-being; Europe; EU-SILC Survey;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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