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Homeownership and subjective well-being

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Favouring homeownership is an important part of housing policies in many countries. Although this may be explained by the preferences of the majority of voters, it may also be because homeownership is believed to have positive effects on individuals’ behaviour and welfare. Previous research seems to indicate that homeownership increases individual welfare, but it is difficult to control for all other factors that may influence and bias the results. Based on panel data from Danish surveys on living conditions from the years 1976, 1986 and 2000, the paper presents an analysis of homeownership and subjective well-being.

Suggested Citation

  • Bloze, Gintautas & Skak, Morten, 2010. "Homeownership and subjective well-being," Discussion Papers on Economics 5/2010, University of Southern Denmark, Department of Economics.
    • Handle: RePEc:hhs:sdueko:2010_005
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    File URL: https://www.sdu.dk/-/media/files/om_sdu/institutter/ivoe/disc_papers/disc_2010/dpbe5_2010.pdf
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    Cited by:

    1. Minou Weijs-Perrée & Gamze Dane & Pauline van den Berg & Machiel van Dorst, 2019. "A Multi-Level Path Analysis of the Relationships between the Momentary Experience Characteristics, Satisfaction with Urban Public Spaces, and Momentary- and Long-Term Subjective Wellbeing," IJERPH, MDPI, vol. 16(19), pages 1-19, September.

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    More about this item

    Keywords

    Homeownership; Subjective well-being; Panel data;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General

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