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作者

来源

JOURNAL OF HOUSING AND THE BUILT ENVIRONMENT,Vol.33,Issue2,P.385-408

语言

英文

关键字

Residential mobility; Tenure choice; Competing hazard-based model; Cause-specific model; HOUSING-MARKET; ECONOMETRIC-MODEL; CHOICE; MOBILITY; DURATION; DEMAND; OWNERSHIP; AUSTRALIA; DYNAMICS; OUTCOMES

作者单位

[Ghasri, Milad; Rashidi, Taha Hossein] UNSW Australia, Sch Civil Environm Engn, Res Ctr Integrated Transport Innovat, Sydney, NSW 2052, Australia. Ghasri, M (reprint author), UNSW Australia, Sch Civil Environm Engn, Res Ctr Integrated Transport Innovat, Sydney, NSW 2052, Australia. E-Mail: milad.ghasri@gmail.com

摘要

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.