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An Econometric Analysis of Homeownership Determinants in Belgium

  • Guillaume Xhignesse
  • Bruno Bianchet
  • Mario Cools
  • Henry-Jean Gathon
  • Bernard Jurion
  • Jacques Teller
Part of the Lecture Notes in Computer Science book series (LNCS, volume 8581)

Abstract

In market economies, homeownership is associated with positive externalities. Increasing the levels of homeownership has been an objective of governments for the last decades. The analysis of the determinants of tenure status provides information to this end. This paper proposes an econometric analysis of housing tenure in Belgium. We review the main variables that have been considered in the literature as influencing housing tenure, after what we estimate a logit model. We observe a strong influence of income and age on the probability of homeownership. Couple relationship and the presence of dependent children have a positive influence, but this influence is less significant. Urban location is associated with lower probability of homeownership, compared with other areas. Our observations follow the trends described for other countries in the literature.

Keywords

Regression analysis housing tenure housing econometrics 

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Copyright information

© Springer International Publishing Switzerland 2014

Authors and Affiliations

  • Guillaume Xhignesse
    • 1
    • 2
  • Bruno Bianchet
    • 1
    • 3
  • Mario Cools
    • 1
    • 4
  • Henry-Jean Gathon
    • 1
    • 2
  • Bernard Jurion
    • 1
    • 2
  • Jacques Teller
    • 1
    • 4
  1. 1.Research Center on City and TerritoryUniversity of LiègeBelgium
  2. 2.Economics Department, HEC Management SchoolUniversity of LiègeBelgium
  3. 3.Geography Department, Faculty of SciencesUniversity of LiègeBelgium
  4. 4.Architecture and Urbanism Department, Faculty of Applied SciencesUniversity of LiègeBelgium

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