Housing Tenure Choice and Housing Expenditures in the Czech Republic

Špalková, Dagmar; Špalek, Jiří

doi:10.5539/res.v6n1p23

Cited by 10 publications

(8 citation statements)

References 10 publications

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“…This implies, as households are staying for long years, then households fulfill some of the criteria's to obtain land in the form of lease to construct, own house. This result is consistent with recent studies conducted in the Czech Republic which indicated that years of residence was significant variable in explaining housing choice (Spalkoval and Jiri Spalik, 2014).…”

Section: Years Of Residence (Yred)supporting

confidence: 93%

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Determinants of Urban Housing Choice in Debre Berhan Town, North Shewa, Amhara Region, Ethiopia

2021

JESD

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Section: Years Of Residence (Yred)supporting

confidence: 93%

“…In addition, peoples' preference was more focused on the double and single level of building houses. Spalkoval and Jiri (2014) conducted on housing tenure choice and housing expenditures in the Czech Republic. The paper investigates potential tenure choice determinants using probit regression model based on the sample data.…”

Section: Over View Of the Literaturementioning

confidence: 99%

Determinants of Urban Housing Choice in Debre Berhan Town, North Shewa, Amhara Region, Ethiopia

2021

JESD

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“…The housing tenure statuses by households (renting or owner-occupancy) are influenced by a multitude of factors, some of which cannot be directly measured [1]. Though it is neither possible nor practical to measure and include all the explanatory variables that influence housing tenure and affordability, economists are still interested in studying the patterns and levels of influence of any available measurable explanatory variables (for example [2][3][4][5]).…”

Section: Introductionmentioning

confidence: 99%

“…Therefore, some studies have opted to use other binary link functions such as the logit function, which assumes a more flexible logistic distribution. However, the methods used in these studies do not allow for joint modeling, where dependence is assumed to exist between the binary responses [4,[6][7][8].…”

Section: Introductionmentioning

confidence: 99%

Application of Copulas to Improve the Modeling of Housing Tenure and Affordability

Kabundu

Botha

Mbanga

et al. 2022

Front. Appl. Math. Stat.

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The tenure statuses made by households (renter-occupancy or owner-occupancy) are influenced by a multitude of factors, some of which cannot be directly measured. However, economists are still interested in knowing the relative severity and patterns of influence these factors have on housing tenure status. The purpose of this research was to determine the effect of assuming joint dependency between housing tenure and affordability on the model results. The effect of model-mis-specification on severity and relative importance of the explanatory variables was also assessed. Joint bivariate binary regression was applied to multi-year cross-sectional General Household Survey (GHS) data from Statistics South Africa (STATSA). An assumption of a univariate model when modeling both housing affordability and tenure led to model mis-specification, because most of the coefficients between the univariate and bivariate joint models were significantly different. Model mis-specification also led to significant differences in rankings of the levels of influence of the explanatory variables. Bivariate joint modeling with appropriate error-model copulas improved the model results. Older households that were above 49 years were consistently more likely to be owner-occupiers, and the household head age variable for older households was the most influential factor for housing owner-occupancy and affordability.

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“…One of the key decisions made by any household is the choice between owning and renting their home (Dagmar et al;2014). According to Arimah (1997), a key factor in tenure choice decision is the relative price of home-owning to that of renting.…”

Section: Introductionmentioning

confidence: 99%

Housing Tenure Choice and Housing Affordability in Nigeria: A Comparative Analysis of Owners and Renters of Organized Private Sector Housing

Adegoke¹,

Agbola²

2020

IJSSS

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Housing tenure choice is one key decision that a household must make. This decision has been established to have direct implications for household housing affordability. This research assessed and compared the housing affordability of owners and renters of organized Private Sector Housing delivery in Nigeria. Data were collected from eleven (11) states and the Federal Capital Territory across the six (6) geo-political zones of Nigeria. A cross-sectional survey design was adopted with multi-stage sampling technique employed to select estates residents for interview. Structured questionnaire were administered on 10% (1,950) heads of households randomly selected from all the occupied houses. The study revealed that 48% of the residents were owners and 52% renters. It was discovered that more owners than renters are under severe housing affordability stress/burden. While 29% of owners enjoy “normal housing affordability” (housing expenditure of 1% - 30%), 41% of renters enjoyed such. Also, while 36% of owners enjoyed “tolerable housing affordability” (30.1% - 50% housing expenditure), 41% of the renters fall within that range. Furthermore, while 35% of owners are theoretically under severe housing affordability stress/burden (with >50% housing expenditure), only 18% of the renters are. The study confirmed that renters enjoyed better housing affordability than the owners. Major policy implications include the need for housing policy and delivery in Nigeria to recognize and facilitate rental housing while steps should be taken to relieve the burden of home ownership by working on mortgage penetration, cost of building materials and other incidental expenses of ownership so as to enhance housing affordability of Nigerians.

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Housing Tenure Choice and Housing Expenditures in the Czech Republic

Cited by 10 publications

References 10 publications

Determinants of Urban Housing Choice in Debre Berhan Town, North Shewa, Amhara Region, Ethiopia

Determinants of Urban Housing Choice in Debre Berhan Town, North Shewa, Amhara Region, Ethiopia

Application of Copulas to Improve the Modeling of Housing Tenure and Affordability

Housing Tenure Choice and Housing Affordability in Nigeria: A Comparative Analysis of Owners and Renters of Organized Private Sector Housing

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