An Empirical Analysis of the Housing Decisions of Older Homeowners
Author | : Peter G. Vanderhart |
Publisher | : |
Total Pages | : |
Release | : 1998 |
ISBN-10 | : OCLC:1291275470 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book An Empirical Analysis of the Housing Decisions of Older Homeowners written by Peter G. Vanderhart and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effect of financial, demographic, and housing variables on older homeowners' propensity to make a variety of housing changes. Pooled cross-sectional data from the Panel Study of Income Dynamics is used in multinomial logit framework. The results indicate that demographic factors are much more important than financial factors in explaining housing changes by older homeowners.