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Completed
Homeownership, Commuting and Labour mobility
FunderNetherlands Organisation for Scientific Research (NWO)
Duration01 Sep 2004 - 16 Oct 2006
Project code461-03-571
Identifiers
Project timeline100%
Description
In a series of papers, Oswald (1997,1999) has proposed the idea that homeowners are less willing to move in order to find a job than renters. This is due to the high transaction and moving costs involved (especially the real estate sales taxes). Basically, the predictions made by Oswald can be divided in two groups: that on the effect of labour market states on the housing mobility and housing types and that on the effect of the housing type on the labour market. Oswald had two hypotheses. Firstly, homeowners are less likely to move to another job than renters, because they are not willing to leave the region. Secondly, homeowners are more likely to become unemployed or nonparticipant than renters are. In the proposed project researchers from the UK, Denmark, Spain and the Netherlands will test the Oswald hypotheses. Does home-ownership have a positive effect on unemployment? Has home-ownership a negative effect on job mobility? Do unemployed homeowners move spatially to another region when faced with unemployment?
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In a series of papers, Oswald (1997,1999) has proposed the idea that homeowners are less willing to move in order to find a job than renters. This is due to the high transaction and moving costs involved (especially the real estate sales taxes). Basically, the predictions made by Oswald can be divided in two groups: that on the effect of labour market states on the housing mobility and housing types and that on the effect of the housing type on the labour market. Oswald had two hypotheses. Firstly, homeowners are less likely to move to another job than renters, because they are not willing to leave the region. Secondly, homeowners are more likely to become unemployed or nonparticipant than renters are. In the proposed project researchers from the UK, Denmark, Spain and the Netherlands will test the Oswald hypotheses. Does home-ownership have a positive effect on unemployment? Has home-ownership a negative effect on job mobility? Do unemployed homeowners move spatially to another region when faced with unemployment?
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