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A platform for research: civil engineering, architecture and urbanism
Investigating how household’s decision on next tenure status affects residential relocation timing
https://orcid.org/0000-0002-8726-8979
Abstract This study examines the hypothesis of mobility being affected by household’s decision on their next tenure status. In particular, this study proposes a modelling framework to model the decision on relocation timing for those who want to become renters and those who want to become owners after relocation. In the proposed approach, a competing hazard-based model is employed. This approach is then compared to a traditional approach of modelling mobility and tenure choice independently, where a hazard-based model and a binary logit model are used to address mobility and tenure choices, respectively. Longitudinal data collected in Australia are utilized for developing the models. The empirical evidence shows that the average relocation duration for households who have decided to become owner is 18% longer compared to those who want to become renter. According to the modelling outcomes, the estimated parameters of the relocation time distribution for future renters and future owners are statistically different. Further, the impact of some exogenous variables such as major life events or land use-related variables would not be statistically significant in the model if mobility is modelled independently from tenure choice.
Investigating how household’s decision on next tenure status affects residential relocation timing
https://orcid.org/0000-0002-8726-8979
Abstract This study examines the hypothesis of mobility being affected by household’s decision on their next tenure status. In particular, this study proposes a modelling framework to model the decision on relocation timing for those who want to become renters and those who want to become owners after relocation. In the proposed approach, a competing hazard-based model is employed. This approach is then compared to a traditional approach of modelling mobility and tenure choice independently, where a hazard-based model and a binary logit model are used to address mobility and tenure choices, respectively. Longitudinal data collected in Australia are utilized for developing the models. The empirical evidence shows that the average relocation duration for households who have decided to become owner is 18% longer compared to those who want to become renter. According to the modelling outcomes, the estimated parameters of the relocation time distribution for future renters and future owners are statistically different. Further, the impact of some exogenous variables such as major life events or land use-related variables would not be statistically significant in the model if mobility is modelled independently from tenure choice.
Investigating how household’s decision on next tenure status affects residential relocation timing
https://orcid.org/0000-0002-8726-8979
Abstract This study examines the hypothesis of mobility being affected by household’s decision on their next tenure status. In particular, this study proposes a modelling framework to model the decision on relocation timing for those who want to become renters and those who want to become owners after relocation. In the proposed approach, a competing hazard-based model is employed. This approach is then compared to a traditional approach of modelling mobility and tenure choice independently, where a hazard-based model and a binary logit model are used to address mobility and tenure choices, respectively. Longitudinal data collected in Australia are utilized for developing the models. The empirical evidence shows that the average relocation duration for households who have decided to become owner is 18% longer compared to those who want to become renter. According to the modelling outcomes, the estimated parameters of the relocation time distribution for future renters and future owners are statistically different. Further, the impact of some exogenous variables such as major life events or land use-related variables would not be statistically significant in the model if mobility is modelled independently from tenure choice.
Investigating how household’s decision on next tenure status affects residential relocation timing
Ghasri, Milad (author) / Hossein Rashidi, Taha (author)
2017
Article (Journal)
Electronic Resource
English
Investigating how household’s decision on next tenure status affects residential relocation timing
| Online Contents | 2017
The Household's Housing Decision-Making Process: Socio-Economic and Geographic Interpretations
| Online Contents | 2000