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The Housing Ladder, the Housing Life-cycle and the Housing Life-course: Upward and Downward Movement among Repeat Home-buyers in a US Metropolitan Housing Market

Author

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  • Hazel A. Morrow-Jones

    (City and Regional Planning and the Center for Urban and Regional Research, The Ohio State University, 190 W. 17th Avenue, Columbus, OH43210-1320, USA. Morrow-jones. 1@osu.edu)

  • Mary V. Wenning

    (Department of Urban Affairs and Geography, Wright State University, 3640 Colonel Glenn Highway, 215 Millett Hall, Dayton, OH 45435-0001, USA. mary.wenning@wright.edu)

Abstract

This research models US home-owners' decisions to move up or down in price. The models are based on three common conceptualisations: the housing ladder, the housing life-cycle and the housing life-course that use age of the householder as a measure of position in life. Age can be a proxy for many characteristics and we test several alternative measures using unique survey data that allow us to examine specific life-course variables. We conclude that, on an empirical level, age works reasonably well. However, we prefer a more complete formulation that includes presence of children, divorced or separated householder, income, age at first homeownership and duration of ownership as being conceptually more accurate and more useful in policy-making.

Suggested Citation

  • Hazel A. Morrow-Jones & Mary V. Wenning, 2005. "The Housing Ladder, the Housing Life-cycle and the Housing Life-course: Upward and Downward Movement among Repeat Home-buyers in a US Metropolitan Housing Market," Urban Studies, Urban Studies Journal Limited, vol. 42(10), pages 1739-1754, September.
    • Handle: RePEc:sae:urbstu:v:42:y:2005:i:10:p:1739-1754
    DOI: 10.1080/00420980500231647
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    References listed on IDEAS

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    1. Gyourko, Joseph & Linneman, Peter, 1996. "Analysis of the Changing Influences on Traditional Households' Ownership Patterns," Journal of Urban Economics, Elsevier, vol. 39(3), pages 318-341, May.
    2. Glenn Deane, 1990. "Mobility and adjustments: Paths to the resolution of residential stress," Demography, Springer;Population Association of America (PAA), vol. 27(1), pages 65-79, February.
    3. Kevin McHugh & Patricia Gober & Neil Reid, 1990. "Determinants of short- and long-term mobility expectations for home owners and renters," Demography, Springer;Population Association of America (PAA), vol. 27(1), pages 81-95, February.
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    Cited by:

    1. Morrow-Jones, Hazel A. & Kim, Moon Jeong, 2009. "Determinants of Residential Location Decisions among the Pre-Elderly in Central Ohio," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 2(1), pages 47-64.
    2. Júlia Mikolai & Hill Kulu, 2018. "Divorce, Separation, and Housing Changes: A Multiprocess Analysis of Longitudinal Data from England and Wales," Demography, Springer;Population Association of America (PAA), vol. 55(1), pages 83-106, February.

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