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Influences on Housing Cost Burden of the U.S. Households by Current and Previous Housing Tenure Types

  • Received : 2012.03.27
  • Accepted : 2012.05.16
  • Published : 2012.06.30

Abstract

The purpose of this study was to investigate housing cost burden of U.S. households according to current and previous tenure types and explore influences on their housing affordability. The public-use microdata of the 2009 American Housing Survey was analyzed in the following two stages: In the first stage, households were classified into eight groups by combining their current and previous tenure types, year moved into current housing units and mortgage status of current owners and their characteristics were compared. In the second stage, the factors that influenced the housing cost burden by each combined tenure group were explored using multiple regression analyses. The findings are as follows: (1) The mortgage status was more influential than the previous housing experiences of owner households to distinguish one owner household from another. (2) Renter households who had been owners of previous housing units showed significantly different characteristics compared to continuing and new renter households in terms of income, educational attainment, and householder's marital status as well as housing costs and housing cost burdens. (3) To see the multiple regression analysis results, households with different current and previous tenure types were found to have different factors that influenced the housing cost burdens. In addition, household characteristics were found to have significant influences on housing cost burdens as strong as cost-related variables such as annual mortgage payments and rent per square footage.

Keywords

Tenure Type;Housing Affordability;Housing Cost Burden;Housing Stability

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Cited by

  1. Capital and Non-Capital Region College Students' Housing Costs and Their Perception and Status of Parental Supports vol.23, pp.6, 2014, https://doi.org/10.5934/kjhe.2014.23.6.1231
  2. Housing Characteristics and Determinants of Housing Cost Burden of Young Single- or Two-person Households in the U.S. Metropolitan Areas vol.25, pp.1, 2014, https://doi.org/10.6107/JKHA.2014.25.1.051

Acknowledgement

Supported by : National Research Foundation