Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51372
Authors: 
Zumbro, Timo
Year of Publication: 
2011
Series/Report no.: 
CAWM discussion paper / Centrum für Angewandte Wirtschaftsforschung Münster 44
Abstract: 
The article investigates the relationship between life satisfaction and homeownership in Germany using, SOEP data from 1992 to 2009. While controlling for personal characteristics as well as various regional and dwelling attributes, ordered logit models support a marginal, though positive relationship. In addition, other household attributes such as the condition of the dwelling and the neighborhood area, exert a significant effect on life satisfaction. Further, the results confirm a significant interaction between homeownership and the condition of the dwelling as well as homeownership and the financial burden of the household. However, regression models with fixed effects also reveal, unobserved differences between homeowners and renters.
Subjects: 
homeownership
housing
subjective well-being
life satisfaction
JEL: 
D1
R20
R21
Document Type: 
Working Paper

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