A COMPARISON OF THE DETERMINANTS OF STRUCTURAL QUALITY BETWEEN MANUFACTURED HOUSING AND CONVENTIONAL TENURE CHOICES - EVIDENCE FROM THE AMERICAN HOUSING SURVEY
Tp. Boehm, A COMPARISON OF THE DETERMINANTS OF STRUCTURAL QUALITY BETWEEN MANUFACTURED HOUSING AND CONVENTIONAL TENURE CHOICES - EVIDENCE FROM THE AMERICAN HOUSING SURVEY, Journal of housing economics, 4(4), 1995, pp. 373-391
This study employs data from the 1985-1989 American Housing Surveys to
compare the cost and perceived structural quality of owned manufactur
ed housing with traditional rented and owner-occupied housing alternat
ives. In general, manufactured housing is found to compare favorably t
o traditional alternatives because of its low cost and households' per
ceptions that its structural quality is relatively high. An ordinal pr
obit model is used to examine the way in which specific structural att
ributes affect households' ordinal ranking of overall structural quali
ty. This experimentation suggests that the same factors are important
across all tenure types in influencing perceived structural quality. I
n addition, it is demonstrated that, under the right circumstances, ma
nufactured housing could be a cost-effective way to improve the qualit
y of housing for low-income families who currently rent. Finally, sugg
estions are made regarding policy options and future research on manuf
actured housing. (C) 1995 Academic Press, Inc.