Resumen de Residential mobility and housing tenure in Spain: a panel data approach

Ignacio Moral Arce

• This paper studies the simultaneous household’s decision to move and type of tenure of this new housing: rent or own. To do this, using Spanish data for the period 1994-2001 from the European Household Panel (ECHP), we perform a descriptive analysis of this joint decision and also we estimate a multinomial logit model allowing individual heterogeneity. The results show that the heterogeneity of households, in addition to several explanatory variables such as number of children, age of household head or household income, play a key role in the decisions of mobility and type of housing tenure.