http://repub.eur.nl/res/aut/28705/ List of Publications en http://repub.eur.nl/static-eur/img/logo.png http://repub.eur.nl http://repub.eur.nl/res/pub/35002/ 2012-09-01T00:00:00Z The article analyses the impact of homeownership on neighbourhood safety and neighbourhood satisfaction, using a unique panel dataset for the city of Rotterdam. The results show that there are significant, but economically small, effects of homeownership on safety and satisfaction. Moreover, the relation between ownership and satisfaction is significantly moderated by neighbourhood safety. The paper examines whether the marginal impact of increases in homeownership on external effects diminish once ownership levels are higher. According to the data, this seems to be the case. The results are robust to alternative specifications. The findings provide insights for the evaluation of housing market policies that subsidise or stimulate homeownership. http://repub.eur.nl/res/pub/37691/ 2012-09-01T00:00:00Z The article analyses the impact of homeownership on neighbourhood safety and neighbourhood satisfaction, using a unique panel dataset for the city of Rotterdam. The results show that there are significant, but economically small, effects of homeownership on safety and satisfaction. Moreover, the relation between ownership and satisfaction is significantly moderated by neighbourhood safety. The paper examines whether the marginal impact of increases in homeownership on external effects diminish once ownership levels are higher. According to the data, this seems to be the case. The results are robust to alternative specifications. The findings provide insights for the evaluation of housing market policies that subsidise or stimulate homeownership. http://repub.eur.nl/res/pub/23343/ 2010-12-01T00:00:00Z Abstract: In this paper, we examine the accessibility of the homeownership market using measures that include both supply and demand characteristics of regional housing markets. We apply these measures empirically on an extensive data set that covers the Dutch housing market. Our analysis quantifies the extent to which the position of new entrants of the homeownership market, the first-time buyers, has weakened over the sample period and we identify which factors are driving this change. We find that due to financial constraints of young households smaller portions of the housing market are becoming affordable. However, more importantly, we report that first-time buyers today need to contend with a much larger group of competing bidders on every house that suits their financial situation, than ever before. http://repub.eur.nl/res/pub/23346/ 2010-12-01T00:00:00Z Abstract: In this paper, we examine the accessibility of the homeownership market using measures that include both supply and demand characteristics of regional housing markets. We apply these measures empirically on an extensive data set that covers the Dutch housing market. Our analysis quantifies the extent to which the position of new entrants of the homeownership market, the first-time buyers, has weakened over the sample period and we identify which factors are driving this change. We find that due to financial constraints of young households smaller portions of the housing market are becoming affordable. However, more importantly, we report that first-time buyers today need to contend with a much larger group of competing bidders on every house that suits their financial situation, than ever before.