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| dc.title | Housing Tenure and Housing Demand in Colombia |
| dc.contributor.author | Arbeláez, María Angélica |
| dc.contributor.author | Steiner, Roberto |
| dc.contributor.author | Becerra, Alejandro |
| dc.contributor.author | Wills, Daniel |
| dc.contributor.orgunit | Department of Research and Chief Economist |
| dc.coverage | Colombia |
| dc.date.available | 2011-11-23T00:00:00 |
| dc.date.issue | 2011-10-01T00:00:00 |
| dc.description.abstract | Using the 2003 and 2008 Quality of Life Surveys (QLS) conducted by the National Department of Statistics (DANE), this paper identifies the factors that affect housing tenure decisions in Colombia. Households with higher incomes are more likely to purchase than to rent, and the choice of formal housing is positively associated with wealth. Households eligible for social housing subsidies are more likely to purchase than to rent, and those working in the informal sector are more likely to purchase informal dwellings. Subsidies and access to mortgage credit have a large positive impact on demand. Finally, savings have a positive effect on demand in 2008, but not in 2003. The positive effect on demand of both subsidies and credit is explained by demand for low-income housing. |
| dc.format.extent | 53 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0011347 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Housing-Tenure-and-Housing-Demand-in-Colombia.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Housing |
| dc.subject | Income, Consumption and Saving |
| dc.subject | Public Administration |
| dc.subject.jelcode | G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages |
| dc.subject.jelcode | O54 - Latin America • Caribbean |
| dc.subject.jelcode | R21 - Housing Demand |
| dc.subject.jelcode | R28 - Government Policy |
| dc.subject.jelcode | R38 - Government Policy |
| dc.subject.jelcode | R58 - Regional Development Planning and Policy |
| dc.subject.keywords | IDB-WP-259, Housing policy, Housing demand, tenure choices, housing market policies, Colombia, quality of life surveys |
| dc.type | Working Papers |
| idb.identifier.pubnumber | Working Papers |
| idb.operation | RG-K1125 |