Safe and satisfied: External effects of homeownership in Rotterdam

D. Brounen, R. Cox, P. Neuteboom

Research output: Contribution to journalArticleScientificpeer-review

Abstract

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.
Original languageEnglish
Pages (from-to)2669-2691
JournalUrban Studies
Volume49
Issue number12
Publication statusPublished - 2012

Fingerprint

external effects
homeownership
safety
ownership
sales policy
housing market
evaluation
effect

Cite this

Brounen, D. ; Cox, R. ; Neuteboom, P. / Safe and satisfied : External effects of homeownership in Rotterdam. In: Urban Studies. 2012 ; Vol. 49, No. 12. pp. 2669-2691.
@article{fd928e330ca9480ba31181069c935349,
title = "Safe and satisfied: External effects of homeownership in Rotterdam",
abstract = "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.",
author = "D. Brounen and R. Cox and P. Neuteboom",
year = "2012",
language = "English",
volume = "49",
pages = "2669--2691",
journal = "Urban Studies",
issn = "0042-0980",
publisher = "Sage Publications Ltd",
number = "12",

}

Brounen, D, Cox, R & Neuteboom, P 2012, 'Safe and satisfied: External effects of homeownership in Rotterdam', Urban Studies, vol. 49, no. 12, pp. 2669-2691.

Safe and satisfied : External effects of homeownership in Rotterdam. / Brounen, D.; Cox, R.; Neuteboom, P.

In: Urban Studies, Vol. 49, No. 12, 2012, p. 2669-2691.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - Safe and satisfied

T2 - External effects of homeownership in Rotterdam

AU - Brounen, D.

AU - Cox, R.

AU - Neuteboom, P.

PY - 2012

Y1 - 2012

N2 - 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.

AB - 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.

M3 - Article

VL - 49

SP - 2669

EP - 2691

JO - Urban Studies

JF - Urban Studies

SN - 0042-0980

IS - 12

ER -