Modelling Sustainable Home-ownership: Demographics or Economics?

Geoffrey Meen
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Geoffrey Meen: Department of Economics, Faculty of Urban and Regional Studies, P.O. Box 219, Whiteknights, Reading RG6 6 AW, England, UK, g.p.meen@reading.ac.uk

Urban Studies, 1998, vol. 35, issue 11, 1919-1934

Abstract: According to recent official projections, 4.4 million new households will be formed in England between 1991 and 2016. These estimates are based on a detailed analysis of demographic trends, but take no account of the effect of potential changes in economic conditions, particularly on the owner-occupancy rate. In this paper, we propose a new approach to modelling sustainable owner-occupancy which places less emphasis on demographics, but considers in more detail the role of market mechanisms through changes in house prices and rates of new construction.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:35:y:1998:i:11:p:1919-1934

DOI: 10.1080/0042098983953

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