Factors of the Tenure Choice: The Case of the Czech Republic
| Authors | |
|---|---|
| Year of publication | 2012 |
| Type | Article in Proceedings |
| Conference | Proceedings of the 17th International Conference: New Role of Public Finance 2012 |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | Housing; household expenditures; tenure choice |
| Description | The key decision for the household on the housing market is to choose type of tenure (tenure choice). Among various factors influencing this decision we focus on the microeconomics ones, particularly on the demographic and socio-economic characteristics of the households. On the basis of logistic regression, we show that the tenure choice in the Czech Republic is affected by three key factors: income of the household, education of household’s members; and marital status of the head of the household. On the other hand, the gender and the age of the head of the household, or whether there are children or pensioners in the household, turned out to be completely insignificant |
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