Multinomial Logit Model Of Housing Demand In Poland
When compared to mature housing markets, little has been done to understand the nature of demand on emerging housing markets in Central and Eastern Europe and to develop testable models for post-socialist economies. With the exception of Bazyl 2009 and Głuszak 2010, there is hardly any econometric e...
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| Format: | Article |
| Language: | English |
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Sciendo
2015-03-01
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| Series: | Real Estate Management and Valuation |
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| Online Access: | https://doi.org/10.1515/remav-2015-0008 |
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doaj-ec0a4ed5ee194e1a85a1b9afab885d442021-09-05T14:00:12ZengSciendoReal Estate Management and Valuation2300-52892015-03-01231848910.1515/remav-2015-0008remav-2015-0008Multinomial Logit Model Of Housing Demand In PolandGłuszak Michał0 Department of Economics for Real Estate and Investment Process, Cracow University of EconomicsWhen compared to mature housing markets, little has been done to understand the nature of demand on emerging housing markets in Central and Eastern Europe and to develop testable models for post-socialist economies. With the exception of Bazyl 2009 and Głuszak 2010, there is hardly any econometric evidence on factors behind housing tenure choices in Poland. The article focus mainly on: permanent (and current) income, household structure, lifecycle, and differences between local market characteristics. In the research, multinomial logistic regression is used to analyze factors that increase the probability of young households becoming homeowners.https://doi.org/10.1515/remav-2015-0008homeownershipmultinomial logithousing demandtenure choiced12r21 |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Głuszak Michał |
| spellingShingle |
Głuszak Michał Multinomial Logit Model Of Housing Demand In Poland Real Estate Management and Valuation homeownership multinomial logit housing demand tenure choice d12 r21 |
| author_facet |
Głuszak Michał |
| author_sort |
Głuszak Michał |
| title |
Multinomial Logit Model Of Housing Demand In Poland |
| title_short |
Multinomial Logit Model Of Housing Demand In Poland |
| title_full |
Multinomial Logit Model Of Housing Demand In Poland |
| title_fullStr |
Multinomial Logit Model Of Housing Demand In Poland |
| title_full_unstemmed |
Multinomial Logit Model Of Housing Demand In Poland |
| title_sort |
multinomial logit model of housing demand in poland |
| publisher |
Sciendo |
| series |
Real Estate Management and Valuation |
| issn |
2300-5289 |
| publishDate |
2015-03-01 |
| description |
When compared to mature housing markets, little has been done to understand the nature of demand on emerging housing markets in Central and Eastern Europe and to develop testable models for post-socialist economies. With the exception of Bazyl 2009 and Głuszak 2010, there is hardly any econometric evidence on factors behind housing tenure choices in Poland. The article focus mainly on: permanent (and current) income, household structure, lifecycle, and differences between local market characteristics. In the research, multinomial logistic regression is used to analyze factors that increase the probability of young households becoming homeowners. |
| topic |
homeownership multinomial logit housing demand tenure choice d12 r21 |
| url |
https://doi.org/10.1515/remav-2015-0008 |
| work_keys_str_mv |
AT głuszakmichał multinomiallogitmodelofhousingdemandinpoland |
| _version_ |
1717812400587014144 |