“…The need for adjustments arises when Hhs are faced with a discrepancy between the desired or optimal level of housing consumption and the actual one. For some researchers, Hhs' adjustment options are limited to a simultaneous decision between the discrete alternatives of moving or improving (Shear, 1983;Boehm and Ihlanfeldt, 1986;Potepan, 1989;Montgomery, 1992;Sinai, 2001). For others, moving and improving decisions can be integrated, providing a viable alternative adjustment option to Hhs (Seek, 1983;Littlewood and Munro, 1997;Baum and Hassan, 1999;Mandič, 2001).…”