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Título: Main determinants of tenure choice in Spain: cross-analysis of distinct city sizes
Autores: Sawaya Neto,Melchior
Fecha: 2007-06-01
Publicador: Estudios sociales (Hermosillo, Son.)
Fuente: Ver documento
Tipo: journal article
Tema: tenure choice decision
affordability indicators
differences in parameters estimates
cities with distinct sizes
Descripción: Many governments design homogeneous housing policies for the whole country without considering differences in economic preferences of households living in cities with distinct sizes. The problem with this practice is that households in larger localities may face stronger budgetary restrictions than those living in smaller ones because of higher housing prices and worse affordability conditions. To deal with this issue a set of tenure choice models are estimated to represent the households' preferences in Spanish cities of different sizes: big, medium or small localities. The results show interesting differences in parameter estimates for groups usually object of public policy such as young household heads and single member families. Disregarding these differences can cause serious problems of non-participation in government programs.
Idioma: Inglés
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