The Impact of Education Level on Home Ownership: Intertemporal Comparison

With respect to the fact that housing satisfies a social need, in addition to the impact of economic factors, the social factors are alsoimportant in housing market. The broad economic and social developments in previous years require a study on their impacts on home ownership, so recognizing import...

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Main Authors: Abd-ol-Rasul Ghasemi, Elham Shadabfar
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2016-06-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_5293_a0a3c0bdd3021e274dff9bf125830df4.pdf
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author Abd-ol-Rasul Ghasemi
Elham Shadabfar
author_facet Abd-ol-Rasul Ghasemi
Elham Shadabfar
author_sort Abd-ol-Rasul Ghasemi
collection DOAJ
description With respect to the fact that housing satisfies a social need, in addition to the impact of economic factors, the social factors are alsoimportant in housing market. The broad economic and social developments in previous years require a study on their impacts on home ownership, so recognizing important factors is a good guide for planners and policy makers. Since people with higher education need to spend some money on their education and this education status increases the expectation of people with higher degrees with respect to their salaries and employment opportunities, therefore studying the impact of education level on the probability of home ownership and evaluating its trend in different time horizons has a critical importance. Since about twenty percent of higher education graduates of Iran do reside in Tehran province, this effect for Tehran province is stronger and of higher importance. In this study with emphasis on recognizing the effect of factors identified in theoretical basis, we have used logit and probit models to investigate the importance of some factors affecting the status of home ownership with emphasis on education level of head of households during the years 1997, 2002 and 2007. The results show that the socio-economic characteristics of households have a significant effect on housing ownership and the relationship between education level of head of household and home ownership is negative. Also the probability of home ownership in families with higher education decrease in the years under study.
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spelling doaj.art-7f02ae1506ce43ce9ec4661a4542b27f2023-12-26T08:02:56ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532016-06-01166118120510.22054/joer.2016.52935293The Impact of Education Level on Home Ownership: Intertemporal ComparisonAbd-ol-Rasul Ghasemi0Elham Shadabfar1Faculty Member, Faculty of Economics, Allameh Tabataba’i UniversityPhD Student in Economics, Alzahra UniversityWith respect to the fact that housing satisfies a social need, in addition to the impact of economic factors, the social factors are alsoimportant in housing market. The broad economic and social developments in previous years require a study on their impacts on home ownership, so recognizing important factors is a good guide for planners and policy makers. Since people with higher education need to spend some money on their education and this education status increases the expectation of people with higher degrees with respect to their salaries and employment opportunities, therefore studying the impact of education level on the probability of home ownership and evaluating its trend in different time horizons has a critical importance. Since about twenty percent of higher education graduates of Iran do reside in Tehran province, this effect for Tehran province is stronger and of higher importance. In this study with emphasis on recognizing the effect of factors identified in theoretical basis, we have used logit and probit models to investigate the importance of some factors affecting the status of home ownership with emphasis on education level of head of households during the years 1997, 2002 and 2007. The results show that the socio-economic characteristics of households have a significant effect on housing ownership and the relationship between education level of head of household and home ownership is negative. Also the probability of home ownership in families with higher education decrease in the years under study.https://joer.atu.ac.ir/article_5293_a0a3c0bdd3021e274dff9bf125830df4.pdfhome ownershipeducation levelprobitlogittehran
spellingShingle Abd-ol-Rasul Ghasemi
Elham Shadabfar
The Impact of Education Level on Home Ownership: Intertemporal Comparison
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
home ownership
education level
probit
logit
tehran
title The Impact of Education Level on Home Ownership: Intertemporal Comparison
title_full The Impact of Education Level on Home Ownership: Intertemporal Comparison
title_fullStr The Impact of Education Level on Home Ownership: Intertemporal Comparison
title_full_unstemmed The Impact of Education Level on Home Ownership: Intertemporal Comparison
title_short The Impact of Education Level on Home Ownership: Intertemporal Comparison
title_sort impact of education level on home ownership intertemporal comparison
topic home ownership
education level
probit
logit
tehran
url https://joer.atu.ac.ir/article_5293_a0a3c0bdd3021e274dff9bf125830df4.pdf
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