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Determinants of housing demand in the Erzurum province, Turkey

Author

Listed:
  • Erkan Oktay
  • Abdulkerim Karaaslan
  • Ömer Alkan
  • Ali Kemal Çelik

Abstract

Purpose - – The main aim of this study is to determine the factors that influence the housing demand of households in Erzurum, northeastern Turkey. Housing demand is generally affected by several factors including housing prices, individuals’ income, expectations and choices and so on, as a means of its demographic and socio-psychological contexts. Design/methodology/approach - – A questionnaire-based cross-sectional survey was carried out, in which the outcome variable had binary responses such as whether to invest in housing or not. A binary logistic regression analysis was performed to estimate the underlying data. Findings - – The questionnaire was conducted in 2,927 households living in Erzurum city center, and 47 per cent of the respondents claimed that they would consider investing in housing in the future. The estimation results reveal that demographic or socio-economic factors that may possibly influence housing demand of the respondents are as follows: household head’s and spouse’s occupation, monthly income, the number of individuals in the family and car ownership. Originality/value - – This paper involves the most comprehensive survey addressing the housing demand in the East Anatolian Region, Turkey. Additionally, this paper aims to contribute to the existing housing literature through establishing the statistical analysis of housing demand in an unstudied territory of the world.

Suggested Citation

  • Erkan Oktay & Abdulkerim Karaaslan & Ömer Alkan & Ali Kemal Çelik, 2014. "Determinants of housing demand in the Erzurum province, Turkey," International Journal of Housing Markets and Analysis, Emerald Group Publishing Limited, vol. 7(4), pages 586-602, September.
    • Handle: RePEc:eme:ijhmap:v:7:y:2014:i:4:p:586-602
    DOI: 10.1108/IJHMA-11-2013-0056
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    Citations

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    Cited by:

    1. Ayaz Ahmad & Nasir Iqbal & Rehana Siddiqui, 2018. "Determinants of Housing Demand in Urban Areas of Pakistan: Evidence from the PSLM," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 57(1), pages 1-25.
    2. Xiaohong Deng & Lei Gong & Yanfang Gao & Xiaoqing Cui & Ke Xu, 2018. "Internal Differentiation within the Rural Migrant Population from the Sustainable Urban Development Perspective: Evidence from China," Sustainability, MDPI, vol. 10(12), pages 1-15, December.

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