Homeownership and subjective well-being

Gintautas Bloze () and Morten Skak
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Gintautas Bloze: Department of Business and Economics, Postal: University of Southern Denmark, Campusvej 55, DK-5230 Odense M, Denmark

No 5/2010, Discussion Papers on Economics from University of Southern Denmark, Department of Economics

Abstract: Favouring homeownership is an important part of housing policies in many countries. Although this may be explained by the preferences of the majority of voters, it may also be because homeownership is believed to have positive effects on individuals’ behaviour and welfare. Previous research seems to indicate that homeownership increases individual welfare, but it is difficult to control for all other factors that may influence and bias the results. Based on panel data from Danish surveys on living conditions from the years 1976, 1986 and 2000, the paper presents an analysis of homeownership and subjective well-being.

Keywords: Homeownership; Subjective well-being; Panel data (search for similar items in EconPapers)
JEL-codes: D10 I10 R20 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2010-09-23
New Economics Papers: this item is included in nep-hap and nep-ure
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Citations: View citations in EconPapers (1)

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