Income Elasticity of Housing Demand

Carliner, Geoffrey

doi:10.2307/1925683

Cited by 104 publications

(32 citation statements)

References 4 publications

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“…Accurate estimates of these elasticities are particularly important for developing countries where severe housing shortages exist . Until recently, however, most of the effort in this area was allocated to housing demand in developed countries (Reid, 1962 ;Winger, 1968 ;de Leeuw, 1971 ;Carliner, 1973 ;Wilkinson, 1973 ;Lee, 1968 ;Lee and King, 1977 ;Mayo, 1981) . Recent studies on Korea, Colombia, El Salvador, the Philippines and Egypt are therefore welcome additions (Follain et al, 1980 ;Ingram, 1981 ;Jimenez and Keare, 1984 ;Malpezzi et al, 1985 ;Mayo and Gross, 1987) .…”

Section: Methodology-estimation Proceduresmentioning

confidence: 99%

The Demand for Housing, and Permanent Income, in Indonesia

Shefer

1990

Urban Studies

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This study reports the results and conclusions derived from a data analysis of urban household expenditure on housing in Indonesia. The urban households were stratified by income group, urban size and urban location; in these respects, this study is unique. Household expenditures on housing were computed for each income group and subgroup (by urban size and location). Expenditure on housing is increasing at a faster rate than income (except in the very low income groups). The proportion of income allocated by the average household to housing ranges from less than 15 per cent to close to 25 per cent (the latter being found in the upper income group). Similarly, significant variations in household expenditures on housing are observed for urban size and location. In Jakarta, for example, the average household expenditure on housing is almost twice as much as in the small urban localities (fewer than 20000 inhabitants). This observation, however, must be mitigated by income distribution: average household income in Jakarta is almost twice that of urban households elsewhere in Indonesia. Estimates of marginal propensities to consume (MPC) housing, and of income elasticities of demand for housing, reveal that the MPC varies between 0.15 and 0.40, depending upon urban size and location. Similarly, the income elasticities vary from 0.80 to 1.20, depending upon urban size and location (in Jakarta, for example, the estimated income elasticity was found to be 1.24).

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Section: Methodology-estimation Proceduresmentioning

confidence: 99%

The Demand for Housing, and Permanent Income, in Indonesia

Shefer

1990

Urban Studies

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“…One is that housing demand shifts over the life cycle because of age-related changes in income and housing preferences (Ermisch 1996;Green and Hendershott 1996). Another is that the income elasticity of housing demand may differ among age groups (Carliner 1973). It also possible that shifts in age structure indirectly affect housing demand by influencing per capita income growth, inflation rates, and taxation.…”

Section: Introductionmentioning

confidence: 99%

Low Fertility and the Housing Market: Evidence from Swedish Regional Data

Malmberg

2010

Eur J Population

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“…The price of housing, p, is a relative price that is not assumed constant and is different in the origin and host region. The positive relationship between housing prices and wages is presented in Carliner (1973), among others. It is assumed that housing prices depend positively on the perceived wage in both the origin and the destination, since housing purchases are not exclusive to residents.…”

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confidence: 97%

Interregional Migration and Thresholds: Evidence from Spain

Clemente

Larramona

Olmos

2016

Spatial Economic Analysis

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The aim of this paper is to analyze the effects of labor market conditions in the origin and the destination on interregional migration in Spain, over the period 1988-2010. A basic theoretical framework is developed and the implications of the model suggest that the effect of labor market conditions on migration can vary, depending on a certain threshold. In a second step, the implications of the model are tested with Spanish data, using a new approach based on the presence of thresholds. We show that interregional migration can be explained by labor market fundamentals if the expected wage gap between the origin and the destination is below an endogenously determinate value.JEL Code: R23, C20, J61

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Income Elasticity of Housing Demand

Cited by 104 publications

References 4 publications

The Demand for Housing, and Permanent Income, in Indonesia

The Demand for Housing, and Permanent Income, in Indonesia

Low Fertility and the Housing Market: Evidence from Swedish Regional Data

Interregional Migration and Thresholds: Evidence from Spain

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