Housing in consumer’s theory

Jacek Łaszek ()

MPRA Paper from University Library of Munich, Germany

Abstract: This article aims to deepen the knowledge on consumer choices from the microeco-nomic perspective so as to better understand the behaviour of home buyers and its impact on the housing market. First, we provide an analysis of housing understood as a consumer and investment good. We then discuss its market value and cost. This analysis helps to better understand the housing choices of consumers. Finally, we take a detailed look at the choice of housing as a heterogeneous good. Taking into account the conclusions derived from the above points, we demonstrate the complex choice of the housing demand structure in the form of savings and consumption.

Keywords: housing demand; heterogeneous goods, housing consumption and investment (search for similar items in EconPapers)
JEL-codes: D0 D83 D91 R21 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://mpra.ub.uni-muenchen.de/52599/1/MPRA_paper_52599.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52365

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