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The joint choice of tenure, dwelling type, size and location: the effect of home-oriented versus culture-oriented lifestyle

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  • Amnon Frenkel
  • Sigal Kaplan

Abstract

This study investigates knowledge-workers’ housing preferences in terms of tenure, dwelling type, location and size. The analysis is conducted by applying a joint multinomial-logit ordered-response model to the housing choices of knowledgeworkers residing in the Tel-Aviv metropolitan region and working in the high-tech and finance sectors. The results confirm the following hypotheses: (i) controlling for socioeconomic characteristics and workplace, knowledge-workers’ housing choices relate to their lifestyle; (ii) knowledge-workers with a culture-oriented lifestyle prefer to rent small apartments in central locations; (iii) knowledge-workers with a home-oriented lifestyle prefer large dwelling units, mainly single-detached houses, in suburban locations. Copyright Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Amnon Frenkel & Sigal Kaplan, 2015. "The joint choice of tenure, dwelling type, size and location: the effect of home-oriented versus culture-oriented lifestyle," Letters in Spatial and Resource Sciences, Springer, vol. 8(3), pages 233-251, November.
    • Handle: RePEc:spr:lsprsc:v:8:y:2015:i:3:p:233-251
    DOI: 10.1007/s12076-014-0131-1
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    More about this item

    Keywords

    Urban policies; MNL-OR; Knowledge-workers; Joint housing choice; R20; R31; R58; J24; R3;
    All these keywords.

    JEL classification:

    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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