Does Rent Deregulation Influence Housing Tenure Choice? The Case of the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00076350" target="_blank" >RIV/00216224:14560/14:00076350 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Does Rent Deregulation Influence Housing Tenure Choice? The Case of the Czech Republic
Original language description
The choice between buying and renting house is usually referred to as tenure choice. Existing literature defines several typical factors (patterns) which influence this key decision every household has to make. In our analysis we propose one more factorwhich might be of interest. Based on the data covering last phase of the rent deregulation process in the Czech Republic (CR) in 2005 ? 2011 we assess to what extent rent deregulation in the CR has influenced the tenure choice patterns. Our analysis using logit model did prove that regulated rents were an important factor affecting tenure choice. After deregulation households living in apartments with regulated rent preferred to buy house rather than stay in rental sector. The results show that also inthe CR was tenure choice influenced by household income, education, marital status. By contrast, gender, age, number of children or retired persons in the household turned out to be insignificant.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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