A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Linking a housing vacancy chain model and a behavioral choice model for improved housing policy evaluation
Abstract This paper presents a linkage between the Markov Chain model of housing vacancy transfers and two types of behavioral choice model. First, it shows how vacancy transition probabilities can be computed from the estimated parameters in a household's house choice model. Then it shows how the transition probabilities can be directly estimated from a model of the seller's choice of highest bid among households. The latter also provides information on the expected benefit of a household move among sectors of an urban housing market, which is indispensable in using the vacancy multiplier for policy evaluation.
Linking a housing vacancy chain model and a behavioral choice model for improved housing policy evaluation
Abstract This paper presents a linkage between the Markov Chain model of housing vacancy transfers and two types of behavioral choice model. First, it shows how vacancy transition probabilities can be computed from the estimated parameters in a household's house choice model. Then it shows how the transition probabilities can be directly estimated from a model of the seller's choice of highest bid among households. The latter also provides information on the expected benefit of a household move among sectors of an urban housing market, which is indispensable in using the vacancy multiplier for policy evaluation.
Linking a housing vacancy chain model and a behavioral choice model for improved housing policy evaluation
Hua, Chang-i (author)
1989
Article (Journal)
English
Conceptualising Social Housing within the Wider Housing Market: A Vacancy Chain Model
| British Library Online Contents | 2011
Equilibrium Model of Housing Choice for Heterogeneous Households under Public Rental Housing Policy
| DOAJ | 2018
Housing Demand, Tenure Choice, and Housing Policy in Brazil
| British Library Conference Proceedings | 2009
A user oriented housing choice model
| Elsevier | 1977
Mexico’s housing crisis: vacancy, limited access & Deaf policy responses
| Taylor & Francis Verlag | 2021