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Paper eres2016_155:
Housing and Mortgage Acquisition with Favors in Transition Economies

id eres2016_155
authors Anderson, John
year 2016
title Housing and Mortgage Acquisition with Favors in Transition Economies
source 23rd Annual European Real Estate Society Conference in Regensburg, Germany
summary This paper employs an extensive household survey data set covering a wide range of transition countries to empirically characterize the housing and mortgage choices of households. The paper provides a descriptive overview of the types of dwellings, housing tenure, mode of acquisition, and mortgage prevalence by country. To explain the wide variation in housing and mortgage patterns across countries, empirical models of both acquisition mode (privatized, purchased or built without a bank mortgage, purchased or built with a bank mortgage, inherited or received as a gift, or other mode) and housing tenure choice (rent, own, other) are estimated using limited dependent variable methods. Furthermore, the prevalence of mortgage financing is analyzed. Data used in this study are from the European Bank for Reconstruction and Development (EBRD) Life in Transition Survey, LITS II, for the year 2010 covering 29 transition countries plus Kosovo.
series ERES:conference
type paper session
discussion No discussions. Post discussion ...
ratings
session Housing Economics & Housing Policy
last changed 2017/11/18 16:16
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