Discussion Papers of Business and Economics
Department of Business and Economics, University of Southern Denmark
Homeownership and subjective well-being
() 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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