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The Demand for Housing, Household Headship Rates, and Household Formation: An International Analysis

Author

Listed:
  • Lawrence B. Smith

    (University of Toronto)

  • Kenneth T. Rosen

    (University of California, Berkeley)

  • Anil Markandya

    (University of London (England))

  • Pierre-Antoine Ullmo

    (University of California, Berkeley)

Abstract

This study investigates the influence of availability and affordability of housing on demographic changes through an international analysis of the relationship between age specific headship rates and housing availability and affordability. The researchers describe the basic trends in household formation and headship rates in Canada, France, Great Britain and the United States, investigate the economic determinants of age specific household headship rates in the four countries, and discuss the implications for future housing analysis. It was found that the considerable increase in household headship rate during the recent postwar period has been facilitated in these four countries by the increasing real affordability of housing. In addition, there was a clear relationship between the household age category and the responsiveness to economic variables.

Suggested Citation

  • Lawrence B. Smith & Kenneth T. Rosen & Anil Markandya & Pierre-Antoine Ullmo, 1984. "The Demand for Housing, Household Headship Rates, and Household Formation: An International Analysis," Urban Studies, Urban Studies Journal Limited, vol. 21(4), pages 407-414, November.
    • Handle: RePEc:sae:urbstu:v:21:y:1984:i:4:p:407-414
    DOI: 10.1080/00420988420080791
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    References listed on IDEAS

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    1. Stuart McFadyen & Robert Hobart, 1978. "An Alternative Measurement of Housing Costs and the Consumer Price Index," Canadian Journal of Economics, Canadian Economics Association, vol. 11(1), pages 105-112, February.
    2. Smith, Lawrence B, 1969. "A Model of the Canadian Housing and Mortgage Markets," Journal of Political Economy, University of Chicago Press, vol. 77(5), pages 795-816, Sept./Oct.
    3. Dougherty, Ann & Van Order, Robert, 1982. "Inflation, Housing Costs, and the Consumer Price Index," American Economic Review, American Economic Association, vol. 72(1), pages 154-164, March.
    4. Dwight M. Jaffee & Kenneth T. Rosen, 1979. "Mortgage Credit Availability and Residential Construction," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 10(2), pages 333-386.
    5. Patric H. Hendershott, 1980. "Real User Costs and the Demand for Single-Family Housing," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 11(2), pages 401-452.
    6. Douglas B. Diamond, 1978. "A Note on Inflation and Relative Tenure Prices," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 6(4), pages 438-450, December.
    7. Rosen, Harvey S & Rosen, Kenneth T, 1980. "Federal Taxes and Homeownership: Evidence from Time Series," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 59-75, February.
    8. Leo Grebler & David M. Blank & Louis Winnick, 1956. "Capital Formation in Residential Real Estate: Trends and Prospects," NBER Books, National Bureau of Economic Research, Inc, number greb56-1.
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    Cited by:

    1. Ingrid Ellen & Brendan O’Flaherty, 2007. "Social programs and household size: evidence from New York city," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 26(4), pages 387-409, August.
    2. Andrejs Skaburskis, 1994. "Determinants of Canadian Headship Rates," Urban Studies, Urban Studies Journal Limited, vol. 31(8), pages 1377-1389, October.
    3. Andrejs Skaburskis, 1997. "Gender Differences in Housing Demand," Urban Studies, Urban Studies Journal Limited, vol. 34(2), pages 275-320, February.
    4. Hafiz A. Pasha & Akhtar Lodhi, 1994. "Determinants of Household Formation in a Third World Setting," Urban Studies, Urban Studies Journal Limited, vol. 31(6), pages 947-957, June.
    5. Zhou Yu & Dowell Myers, 2010. "Misleading Comparisons of Homeownership Rates when the Variable Effect of Household Formation Is Ignored: Explaining Rising Homeownership and the Homeownership Gap between Blacks and Asians in the US," Urban Studies, Urban Studies Journal Limited, vol. 47(12), pages 2615-2640, November.
    6. Andrea Kunnert, 2016. "Housing Affordability in Austria by Age and Year of Move-in. Application of the Residual Income and Tailored Ratio Approach," WIFO Working Papers 521, WIFO.
    7. Andrea Kunnert, 2016. "Leistbarkeit von Wohnen in Österreich. Operationalisierung und demographische Komponenten," WIFO Studies, WIFO, number 58932.

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