Transitions into and out of Car Ownership among Low-Income Households in the United States
Nicholas J. Klein,
Rounaq Basu and
Michael J. Smart
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Nicholas J. Klein: Conrell University
No ka6nr, SocArXiv from Center for Open Science
Abstract:
We examine transitions into and out of car ownership among low-income households. We use a novel online survey of U.S. residents to investigate why households lose access to a car, how long they are without a car, why they regain a car, and how these transitions affect their quality of life. We find that car ownership transitions are primarily motivated by economic security and insecurity. The median length of a car-less episode is 1.7 years, while black and Hispanic respondents experienced longer car-less episodes. Despite their precarious grasp on car ownership, respondents felt that owning a car was worth it.
Date: 2023-05-03
New Economics Papers: this item is included in nep-tre and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:ka6nr
DOI: 10.31219/osf.io/ka6nr
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