IDEAS home Printed from https://ideas.repec.org/a/taf/rjelxx/v28y2021i2p161-189.html
   My bibliography  Save this article

What Are the Real Determinants of Housing Tenure Decisions? The Empirical Evidence on Five Hypotheses

Author

Listed:
  • Jinyhup Kim

Abstract

For many years in the United States, there has been consistent interest in academic research and policy debate regarding household tenure choice as researchers aim to drive policy that promotes higher levels of homeownership. Despite myriad studies and debates concerning the real causes of changes in housing tenure, there is still much disagreement on the contributing factors to this phenomenon. This article offers a summary and critique of the U.S. empirical evidence on five hypotheses concerning the determinants of tenure decision: (1) income, wealth, and employment status; (2) life-cycle factors; (3) user cost, financial constraints, and economic downturn; (4) residential mobility and location; and (5) prior tenure. This study provides useful information for local and state policymakers and incorporates comprehensive empirical evidence, methodologies, and variables for tenure-choice research.

Suggested Citation

  • Jinyhup Kim, 2021. "What Are the Real Determinants of Housing Tenure Decisions? The Empirical Evidence on Five Hypotheses," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 28(2), pages 161-189, January.
    • Handle: RePEc:taf:rjelxx:v:28:y:2021:i:2:p:161-189
    DOI: 10.1080/09277544.2021.1876434
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09277544.2021.1876434
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09277544.2021.1876434?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjelxx:v:28:y:2021:i:2:p:161-189. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjel20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.