Tenure Choice with Sample Selection: A Note on the Differences among Alternative Samples

Gary Painter

No 8647, Working Paper from USC Lusk Center for Real Estate

Abstract: Most tenure choice models using cross sectional data have used either a sample ofrecent movers or a sample comprising all households. There are problems withestimating both types of models in cross sectional data. A sample of recent movers oversamples renters, and a sample of all households will yield estimates based on householddecisions made in the past. This research designs a method to correct for sampleselection in a sample of recent movers. There are large differences in the importance ofage and immigrant status and duration as a predictor of homeownership. At the sametime, income effects are similar across models.

Keywords: tenure choice; housing demand (search for similar items in EconPapers)
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Downloads: (external link)
http://lusk.usc.edu/sites/default/files/working_papers/wp_2000_1006.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:luk:wpaper:8647

Access Statistics for this paper

More papers in Working Paper from USC Lusk Center for Real Estate Contact information at EDIRC.
Bibliographic data for series maintained by Chris Steins ().