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Housing Tenure Preferences among Students from Two Polish Universities

Housing Tenure Preferences among Students from Two Polish Universities AbstractThe housing rental market in Poland is underdeveloped and tilted towards temporary tenants, usually students and immigrants. To explore the flaws in the functioning of this market, we conduct a survey among 315 students from two Polish universities. We find that renting is not only perceived as a more expensive form of satisfying housing needs, but decreases satisfaction from utilizing the occupied house due to non-financial factors. Moreover, the perception of the relative advantages of owning versus renting is, to some extent, affected by flawed economic reasoning. Building on the above results, we discuss what policies could increase the demand for residential rental housing. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Real Estate Management and Valuation de Gruyter

Housing Tenure Preferences among Students from Two Polish Universities

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Publisher
de Gruyter
Copyright
© 2021 Michał Rubaszek et al., published by Sciendo
ISSN
1733-2478
eISSN
2300-5289
DOI
10.2478/remav-2021-0014
Publisher site
See Article on Publisher Site

Abstract

AbstractThe housing rental market in Poland is underdeveloped and tilted towards temporary tenants, usually students and immigrants. To explore the flaws in the functioning of this market, we conduct a survey among 315 students from two Polish universities. We find that renting is not only perceived as a more expensive form of satisfying housing needs, but decreases satisfaction from utilizing the occupied house due to non-financial factors. Moreover, the perception of the relative advantages of owning versus renting is, to some extent, affected by flawed economic reasoning. Building on the above results, we discuss what policies could increase the demand for residential rental housing.

Journal

Real Estate Management and Valuationde Gruyter

Published: Jun 1, 2021

Keywords: Housing tenure choice; household preferences; survey; C83; D91; O18; R21

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