The Demand for Housing: A Review of Cross-Section Evidence

Leeuw, Frank de

doi:10.2307/1925374

Cited by 219 publications

(43 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Standard errors are shown in parentheses. (3) . Because the dependent variable is the log of house value or rent, these coefficients should· not be interpreted directly.…”

Section: Other Resultsmentioning

confidence: 99%

“…However, later work which tried to use permanent income, or proxies for it, rather than measured income, found much higher elasticities. Most recently de Leeuw (3) adjusted cross-section estimates by Muth (10), Reid (11), and Winger (13) and offered new estimates of his own. His range of estimates for all these authors is 0.8 to 1.0 for renters, and 1.25 to 1.46 for owners.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Income Elasticity of Housing Demand

Carliner¹

1973

The Review of Economics and Statistics

104

View full text Add to dashboard Cite

“…Standard errors are shown in parentheses. (3) . Because the dependent variable is the log of house value or rent, these coefficients should· not be interpreted directly.…”

Section: Other Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Income Elasticity of Housing Demand

Carliner¹

1973

The Review of Economics and Statistics

104

View full text Add to dashboard Cite

“…This is particularly true when the CI is for elasticities (that is, the percentage change in Y for each 1% change in X). An example can be found in de Leeuw (1971) from the labor economics literature.…”

Section: Binary Xmentioning

confidence: 99%

Research Commentary—Too Big to Fail: Large Samples and the p-Value Problem

Lin

Lucas

Shmueli

2013

Information Systems Research

812

508

View full text Add to dashboard Cite

T he Internet has provided IS researchers with the opportunity to conduct studies with extremely large samples, frequently well over 10,000 observations. There are many advantages to large samples, but researchers using statistical inference must be aware of the p-value problem associated with them. In very large samples, p-values go quickly to zero, and solely relying on p-values can lead the researcher to claim support for results of no practical significance. In a survey of large sample IS research, we found that a significant number of papers rely on a low p-value and the sign of a regression coefficient alone to support their hypotheses. This research commentary recommends a series of actions the researcher can take to mitigate the p-value problem in large samples and illustrates them with an example of over 300,000 camera sales on eBay. We believe that addressing the p-value problem will increase the credibility of large sample IS research as well as provide more insights for readers.

show abstract

“…Household incomes are cited in the classical economic literature as one of the main factors that determine the demand for housing (Norton, 1955;Friedman, 1957;De Leeuw, 1971;and Poterba, 1984, among others). Households consume housing services subject to the limitations imposed by their income and the cost of housing; this logical approach was proposed by Muth (1969) who also put forward the "permanent income" hypothesis.…”

Section: Housing Financing and Literature Reviewmentioning

confidence: 99%

Paraguay: a housing finance proposal for middle- to low-income groups

Cardozo¹,

Fernández²

2016

CEPAL Review

View full text Add to dashboard Cite

The construction and ownership of homes is fundamental to economic development, the generation of wealth and the formation of the middle class. Although a number of studies have been conducted and programmes implemented in recent decades, there remains a significant housing deficit in Paraguay and Latin America, indicating that such programmes have been unsuccessful. For families unable to document a steady income, the main obstacle to homeownership is often financing. This paper aims to demonstrate the economic and financial feasibility -provided there is sufficient political will and coordination between public and private entities-of a project to build 75,000 homes for 300,000 people (4.5% of the Paraguayan population) with middle to low incomes. The median household income in this segment, for which there is a significant shortage of decent housing, is US$ 396.50. A maximum of US$ 63.44 per month may be set aside for housing costs.

show abstract

The Demand for Housing: A Review of Cross-Section Evidence

Cited by 219 publications

References 3 publications

Income Elasticity of Housing Demand

Income Elasticity of Housing Demand

Research Commentary—Too Big to Fail: Large Samples and the p-Value Problem

Paraguay: a housing finance proposal for middle- to low-income groups

Contact Info

Product

Resources

About