TY - JOUR
T1 - Household composition and housing expenditures in rental-occupied and owner-occupied markets
AU - Ulker, Aydogan
PY - 2008/3
Y1 - 2008/3
N2 - This article examines the relationship between household compositions and housing expenditures in rental-occupied and owner-occupied markets. The author finds that renters allocate their budget proportionately between housing and nonhousing goods for an additional household member, leaving the budget share of housing expenditures unchanged. For homeowners, nevertheless, an extra member implies a reduction in housing expenditures as a share of total budget. Although age and gender compositions turn out to be significant in determining the budget share of housing expenditures for renters, they play no major role for homeowners. And although an increase in the number of working members for renters significantly reduces the share of budget spent on housing, it has no significant impact for their owner counterparts. Moreover, keeping total expenditures constant, the main income source of the head of the household does not make any difference in terms of resource allocation across housing and nonhousing goods for both renters and owners.
AB - This article examines the relationship between household compositions and housing expenditures in rental-occupied and owner-occupied markets. The author finds that renters allocate their budget proportionately between housing and nonhousing goods for an additional household member, leaving the budget share of housing expenditures unchanged. For homeowners, nevertheless, an extra member implies a reduction in housing expenditures as a share of total budget. Although age and gender compositions turn out to be significant in determining the budget share of housing expenditures for renters, they play no major role for homeowners. And although an increase in the number of working members for renters significantly reduces the share of budget spent on housing, it has no significant impact for their owner counterparts. Moreover, keeping total expenditures constant, the main income source of the head of the household does not make any difference in terms of resource allocation across housing and nonhousing goods for both renters and owners.
KW - Household composition
KW - Housing expenditures
KW - Owner-occupied
KW - Rental
UR - http://www.scopus.com/inward/record.url?scp=51249126028&partnerID=8YFLogxK
U2 - 10.1177/1077727X07311686
DO - 10.1177/1077727X07311686
M3 - Article
SN - 1077-727X
VL - 36
SP - 189
EP - 207
JO - Family and Consumer Sciences Research Journal
JF - Family and Consumer Sciences Research Journal
IS - 3
ER -