AN EMPIRICAL-ANALYSIS OF THE HOUSING DECISIONS OF OLDER HOMEOWNERS

Authors
VANDERHART PG
Citation
Pg. Vanderhart, AN EMPIRICAL-ANALYSIS OF THE HOUSING DECISIONS OF OLDER HOMEOWNERS, AREUEA journal, 22(2), 1994, pp. 205-233
Citations number
27
Categorie Soggetti
Planning & Development","Business Finance
Journal title
AREUEA journal → ACNP
ISSN journal
02700484
Volume
22
Issue
2
Year of publication
1994
Pages
205 - 233
Database
ISI
SICI code
0270-0484(1994)22:2<205:AEOTHD>2.0.ZU;2-V
Abstract
This paper examines the effects of finanacial, demographic and housing variables on older homeowners' propensity to make a variety of housin g changes. Pooled cross-sectional data from the Panel Study of Income Dynamics is used in a multinomial logit framework. The results indicat e that demographic factors are much more important than financial fact ors in explaining housing changes by older homeowners.