Duin, Jolien (2023) A longitudinal analysis of the role of age and income in housing tenure preferences and outcomes: a comparison of 2006 and 2021. Master thesis.
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Abstract
The private rental market is growing alongside the development of increasing inaccessibility and unaffordability of the owner-occupied market. Theories already address demographic and socio-economic factors as an important determinant in households’ housing tenure decisions. Though, research incorporating homebuying preferences and measuring changes over time is scarce. This study investigates whether households remain longer in the private rental market as they age and as their income grows, despite potential preferences for homeownership, as this appears to be contributing to the growth of the private rental market. This study conducts a longitudinal analysis on quantitative data from the Dutch housing survey from 2006 and 2021 in a repeated cross section framework. Therefore, this study uses a multinomial and a binary logistic regression analysis. The results show a higher share of private renters with homebuying preferences, especially middle-aged renters, and show an increased share of overall households that are in the private rental market in 2021 compared to 2006, especially young households, and middle- and upper-income households. The results emphasize the need for suitable and affordable owner-occupied housing, especially for young and middle-aged households, and stress the importance of stimulating the flow of middle- and high-income households into homeownership. This way, the private rental market remains available for those unable to access homeownership.
| Item Type: | Thesis (Master) |
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| Degree programme: | Real Estate Studies |
| Supervisor: | Mawhorter, S.L. |
| Date Deposited: | 18 Oct 2023 10:41 |
| Last Modified: | 18 Oct 2023 10:41 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4416 |
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