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The Effects of Housing Push Factors and Rent Expectations on Household Formation of Young Adults

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  • Zhu Di
  • Xiaodong Liu

Abstract

Following a group of young adults aged 25-34 living with their parents in the American Housing Survey (AHS) data from 1985 through 1995, this paper investigates the effect of overcrowding and neighborhood satisfaction on household formation after controlling for local rental levels and their changes over time. Most of these except for local rent levels have not been tested before in models and hence this study enriches the knowledge on household formation and its consequent potential demand for rental and ownership housing units.

Suggested Citation

  • Zhu Di & Xiaodong Liu, 2006. "The Effects of Housing Push Factors and Rent Expectations on Household Formation of Young Adults," Journal of Real Estate Research, Taylor & Francis Journals, vol. 28(2), pages 149-166, January.
  • Handle: RePEc:taf:rjerxx:v:28:y:2006:i:2:p:149-166
    DOI: 10.1080/10835547.2006.12091176
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