Reasoning behind choices: rationality and social norms in the housing market behaviour of first-time buyers in the Czech Republic.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68378025%3A_____%2F17%3A00479984" target="_blank" >RIV/68378025:_____/17:00479984 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1080/02673037.2016.1219331" target="_blank" >http://dx.doi.org/10.1080/02673037.2016.1219331</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/02673037.2016.1219331" target="_blank" >10.1080/02673037.2016.1219331</a>
Alternative languages
Result language
angličtina
Original language name
Reasoning behind choices: rationality and social norms in the housing market behaviour of first-time buyers in the Czech Republic.
Original language description
The main objective of this paper is to draw attention to the influence of social norms on housing market behaviour. The research is based on an in-depth qualitative study of first-time buyers in the Czech Republic. We found systemic deviations from economically rational behaviour (as defined by mainstream housing economic theory) that stem from the influence of a dominant housing social norm about what constitutes the ‘right’ housing tenure. We show how the influence of a social norm constrains financial, pragmatic, utility- or investment-based considerations of Czech home-buyers. Sociology can thus significantly contribute to recent econometric research about sources of housing market instability.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50401 - Sociology
Result continuities
Project
<a href="/en/project/GAP404%2F12%2F1446" target="_blank" >GAP404/12/1446: The Application of Sociological Methods to Detect Housing Market Disequilibrium. Critical & Context-Sensitive Housing Research Methodology.</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Housing Studies
ISSN
0267-3037
e-ISSN
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Volume of the periodical
32
Issue of the periodical within the volume
4
Country of publishing house
GB - UNITED KINGDOM
Number of pages
22
Pages from-to
517-539
UT code for WoS article
000398538500007
EID of the result in the Scopus database
2-s2.0-84983535387