Scandinavian Working Papers in Economics
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Department of Business and Economics, University of Southern Denmark Discussion Papers of Business and Economics
Department of Business and Economics, University of Southern Denmark

No 5/2010:
Homeownership and subjective well-being

Gintautas Bloze () and Morten Skak ()

Abstract: Favouring homeownership is an important part of housing policies in many countries. Although this may be explained by the preferences of the majority of voters, it may also be because homeownership is believed to have positive effects on individuals’ behaviour and welfare. Previous research seems to indicate that homeownership increases individual welfare, but it is difficult to control for all other factors that may influence and bias the results. Based on panel data from Danish surveys on living conditions from the years 1976, 1986 and 2000, the paper presents an analysis of homeownership and subjective well-being.

Keywords: Homeownership; Subjective well-being; Panel data; (follow links to similar papers)

JEL-Codes: D10; I10; R20; (follow links to similar papers)

18 pages, September 23, 2010

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