A conceptual model of the household's housing decision-making process: The economic perspective

Review of Urban and Regional Development Studies

Volumn 14, Issue 3, 2002, Pages 217-234

  Wong, Grace K M ^a  

^a NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

Author keywords

[No Author keywords available]

Indexed keywords

DECISION MAKING; HOUSEHOLD EXPENDITURE; HOUSING MARKET; INVESTMENT;

SINGAPORE;

EID: 0036876636     PISSN: 09170553     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-940x.00055     Document Type: Article

References (61)

1. Alonso, W. 1964. Location and Land Use: Toward a General Theory of Land Rent. Cambridge: Harvard University Press.
2. Apgar, W.C. 1993. An Abundance of Housing for All but the Poor. In Kingsley, G.T. and Turner, M.A. Eds. Housing Markets and Residential Mobility. Washington, D.C.: Urban Institute Press, pp. 99-123.
3. Aufhauser, E., Giffinger R. and Knötig, G. 1991. Effects of the Housing Rehabilitation Act on Housing Market Segmentation in Vienna. In Pumain, D. Ed. Spatial Analysis and Population Dynamics. London and Rome: John Libbey, pp. 357-372.
4. Awan, K., Odling-Smee, J.C. and Whitehead C.M.E. 1982. Household Attributes and the Demand for Private Rental Housing. Economica, 49(194): 183-200.
5. Bailey, T.J. 1999. Modelling the Residential Sub-Market: Breaking the Monocentric Mould. Urban Studies, 36(7): 1119-1135.
6. Balchin, P. 1996. Housing Policy in Europe. London: Routledge.
7. Balchin, P., Kieve, J. and Bull, G. 1995. Urban Land Economics. London: Macmillan.
8. Becker, G.S. 1965. A Theory of the Allocation of Time. Economic Journal, LXXV (299): 493-517.
9. Blomquist, G. and Worley, L. 1981. Hedonic Prices, Demands for Urban Housing Amenities, and Benefit Estimates. Journal of Urban Economics, 9: 212-221.
10. Boehm, T.P. and Ihlanfeldt, K.R. 1986. Residential Mobility and Neighbourhood Quality. Journal of Regional Science, 6(2): 411-424.
11. Breugel, I. 1996. The Trailing Wife: A Declining Breed? - Careers, Geographical Mobility and Household Conflict in Britain 1970-89. In Crompton, R., Gallie, D. and Purcell, K. Eds. Changing Forms of Employment: Organisation, Skills and Gender. London: Routledge.
12. Burgess, E.W. 1925. The Growth of the City. In Burgess, E.W., Park, R.E. and MacKenzie, R.E. Eds. The City. Chicago: University of Chicago Press, pp. 47-62.
13. Cyert, R.M. and March, J.G. 1992. A Behavioural Theory of the Firm. Massachusetts: Blackwell.
14. Department of Statistics. 2001. Singapore 2001 Statistical Highlights. Singapore: Ministry of Trade and Industry, Department of Statistics
15. Dubin, R.A. and Sung, C.H. 1987. Spatial Variation in the Price of Housing: Rent Gradients in Non-Monocentric Cities. Urban Studies, 24: 193-204.
16. Edin, P. and Englund, P. 1991. Moving Costs and Housing Demand. Journal of Public Economics, 44: 299-320.
17. Evans, A.W. 1973. The Economics of Residential Location. London: Macmillan.
18. Evans, A.W. 1985. Urban Economics: An Introduction. Oxford: Blackwell.
19. Farley, R. 1996. Racial Differences in the Search for Housing: Do Whites and Blacks Use the Same Techniques to Find Housing? Housing Policy Debate, 7(2): 367-385.
20. Filion, P., Bunting, T. and Warriner, K. 1999. The Entrenchment of Urban Dispersion: Residential Preferences and Location Patterns in the Dispersed City. Urban Studies, 36(8): 1317-1347.
21. Follain, J.R. and Jimenez, E. 1985. Estimating the Demand for Housing Characteristics. Regional Science and Urban Economics, 15: 77-107.
22. Freeman, A. 1979. The Hedonic Price Approach to Measuring Demand for Neighbourhood Characteristics. In Segal, D. Ed. The Economics of Neighbourhood. New York: Academic Press.
23. Giffinger, R. 1998. Segregation in Vienna: Impacts of Market Barriers and Rent Regulations. Urban Studies, 35(10): 1791-1812.
24. Gordon, P., Richardson, H.W. and Jun, M. 1991. The Community Paradox: Evidence from the Top Twenty. Journal of the American Planning Association, 57: 416-420.
25. Green, A. 1995. The Geography of Dual Career Households: A Research Agenda and Selected Evidence from Secondary Data Sources for Britain. International Journal of Population Geography, 1: 29-50.
26. Harloe, M., Marcuse, P. and Smith, N. 1992. Housing for People, Housing for Profits. In Fainstein, S.S., Gordon, I. and Harloe, M. Eds. Divided Cities: New York and London in the Contemporary World. Oxford: Blackwell Publishers, pp. 175-202.
27. Goodman, A.C. 1995. A Dynamic Equilibrium Model of Housing Demand and Mobility with Transaction Costs. Journal of Housing Economics, 4: 307-327.
28. Hoang, H.P. and Wakely, P. 2000. Status, Quality and the Other Trade-Off: Towards a New Theory of Urban Residential Location. Urban Studies, 37(1): 7-35.
29. Housing and Development Board. 2000. Residential Mobility and Housing Aspirations. Singapore: Housing and Development Board.
30. Hoyt, H. 1939. The Structure and Growth of Residential Neighbourhoods in American Cities. Washington D.C.: United States Federal Housing Administration, United States Government Printing Office.
31. Jarvis, H. 1999. Housing Mobility as a Function of Household Structure: Towards a Deeper Explanation of Housing-Related Disadvantage. Housing Studies, 14(4): 491-505.
32. Jones, C. 1981. Residential Mobility: An Economic Model. Scottish Journal of Political Economy, 28(1): 62-75.
33. Lancaster, K.J. 1966. A New Approach to Consumer Theory. Journal of Political Economy, 74: 132-157
34. Lancaster, K.J. 1991. Modern Consumer Theory. Aldershot: Edward Elgar.
35. Lee, B.A., Oropesa, R.S. and Kana, J.W. 1994. Neighbourhood Context and Residential Mobility. Demography, 31(2): 249-270.
36. Littlewood, A. and Munro, M. 1997. Moving and Improving: Strategies for Attaining Housing Equilibrium. Urban Studies, 34(11): 1771-1787.
37. Marshall, A. 1890/1949. Principles of Economics. London: Macmillan.
38. McPeake, J. 1998. Religion and Residential Search Behaviour in the Belfast Urban Area. Housing Studies, 13(4): 527-548.
39. Montgomery, C. 1992. Explaining Home Improvement in the Context of Household Investment in Residential Housing. Journal of Urban Economics, 32: 326-350.
40. Murie, A., Nevin, B. and Leather, P. 1998. Changing Demand and Unpopular Housing. London: The Housing Corporation.
41. Muth, R.F. 1966. Household Production and Consumer Demand Functions. Econometrica, 34(3): 699-708.
42. Muth, R.F. 1969. Cities and Housing. Chicago: University of Chicago Press.
43. Muth, R.F. and Goodman, A.C. 1989. The Economics of Housing Markets. Switzerland: Harwood.
44. Owusu, T.Y. 1999. Residential Patterns and Housing Choices of Ghanaian Immigrants in Toronto, Canada. Housing Studies, 14(1): 77-97.
45. Özüekren, S. and van Kempen, R. 1997. Explaining Housing Conditions and Housing Market Positions. In Özüekren, S. and van Kempen, R. Eds. Turks in European Cities: Housing and Urban Segregation. Utrecht: ERCOMER, pp. 12-29.
46. Potepan, M. 1989. Interest Rates, Income and Home Improvement Decisions. Journal of Urban Economics, 25: 282-294.
47. Pozdena, R.J. 1988. The Modern Economics of Housing. New York: Quorum.
48. Quigley, J.M. 1985. Consumer Choice of Dwelling, Neighbourhood and Public Services. Regional Science and Urban Economics, 15: 41-63.
49. Rosen, S. 1974. Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition. Journal of Political Economy, 82: 34-55.
50. Rothenberg, J., Galster, G.C., Butler, R.V. and Pitkin, J.R. 1991. The Maze of Urban Housing Markets: Theory, Evidence, and Policy. Chicago: University of Chicago Press.
51. Saltman, J. 1991. Theoretical Orientation: Residential Segregation. In Huttman, E. Ed. Urban Housing Segregation of Minorities in Western Europe and the United States. London: Duke University Press, pp. 1-21.
52. Simon, H.A. 1978. Rational Decision-Making in Business Organisations. The Nobel Foundation.
53. Simon, H.A. 1982. Ed. Models of Bounded Rationality. Massachusetts: MIT Press.
54. Smith, L.B., Rosen, K.T. and Fallis, G. 1988. Recent Developments in Economic Models of Housing Markets. Journal of Economic Literature, XXVI: 29-64.
55. Strassmann, W.P. 2000. Mobility and Affordability in US Housing. Urban Studies, 37(1): 113-126.
56. Suarez-Villa, L. 1992. Polycentric Restructuring, Metropolitan Evolution, and the Decentralization of Manufacturing. Tijdschrift voor Economische en Sociale Geografie, 80: 194-205.
57. Van Weesep, J. and van Kempen, R. 1992. Economic Change, Income Differentiation and Housing, Urban Response in the Netherlands. Urban Studies, 29: 979-990.
58. Venti, S.F. and Wise, D.A. 1984. Moving and Housing Expenditure: Transaction Costs and Disequilibrium. Journal of Public Economics, 23: 207-243.
59. Wingo, L. 1961. Transportation and Urban Land. Washington D.C.: Resources for the Future.
60. Wong, G.K.M. 1995. Household Housing Decision-Making Processes and Choice within the Public Housing System in Singapore. Ph.D. dissertation. University of Cambridge, United Kingdom.
61. Young, R.K. and Veldman, D.J. 1972. Introductory Statistics for the Behavioural Sciences. New York: Holt, Rinehart and Winston.