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Wohnkosten und Besitzformwahl. Empirische Ergebnisse der Einkommens- und Verbrauchsstichprobe / Housing Costs and Tenure Choice. Empirical Results from the Einkommens- und Verbrauchsstichprobe

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  • Bellgardt Egon

    (Johann Wolfgang Goethe-Universität Frankfurt am Main, FB Wirtschaftswissenschaften, Institut für Statistik und Mathematik, Mertonstraße 17, Postfach 111932, D-60054 Frankfurt am Main)

Abstract

The paper investigates which impact housing costs have upon the tenure choice of households. In using the German “Einkommens- und Verbrauchsstichprobe 1993” a rich amount of both, individual household and dwelling data is available. By means of regression analysis hedonic rental costs and hedonic market values are estimated. The use of hedonic values guarantees the comparability of renters and owner occupiers. The cost difference between rent and user costs (determined as cost of capital, tax advantage and maintenance expenditure) could be calculated household individually. It is the variable with the strongest explanatory power in different logit models of tenure choice. Income and socio-demographic variables seem to serve as proxies for certain cost components, if the cost variable is specified less adequately.

Suggested Citation

  • Bellgardt Egon, 2000. "Wohnkosten und Besitzformwahl. Empirische Ergebnisse der Einkommens- und Verbrauchsstichprobe / Housing Costs and Tenure Choice. Empirical Results from the Einkommens- und Verbrauchsstichprobe," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 220(6), pages 653-668, December.
    • Handle: RePEc:jns:jbstat:v:220:y:2000:i:6:p:653-668
    DOI: 10.1515/jbnst-2000-0604
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    References listed on IDEAS

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    1. Frick, Joachim R. & Grabka, Markus M., 2001. "Der Einfluß von Imputed Rent auf die personelle Einkommensverteilung," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 221(3), pages 285-308.
    2. Frick Joachim R. & Grabka Markus M., 2001. "Der Einfluß von Imputed Rent auf die personelle Einkommensverteilung. The Impact of Imputed Rent on the Personal Distribution of Income," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 221(3), pages 285-308, June.

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