How Far Do People Search for Housing? Analyzing the Roles of Housing Supply, Intra-household Dynamics, and the Use of Information Channels
Cynthia Chen and
Haiyun Lin
Housing Studies, 2012, vol. 27, issue 7, 898-914
Abstract:
In this paper, we investigate the spatial extent of the housing search. Using the concepts of mental map and awareness space, we argue that search space is affected by households' preferences, what is available on the housing market, and the use of information channels as well as their interactions. We hypothesize that households whose members disagree with each other have a larger search spaces than those whose members agree. Furthermore, the supply in the housing market and the use of different information channels may influence the search space differently for agreeing versus disagreeing households. We collected data from face-to-face interviews with 82 households (couples with or without children) who purchased a home in the New York City area between 2004 and 2009. The results support our hypotheses, suggesting that intra-household dynamics plays an important role in housing search.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:taf:chosxx:v:27:y:2012:i:7:p:898-914
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DOI: 10.1080/02673037.2012.725827
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