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About Foye Thesis PDF
This thesis examines the relationship between housing and happiness using data from the British Household Panel Study and the German Socio-Economic Panel Study. It finds that while moving to larger accommodation initially increases housing satisfaction, this effect diminishes over time due to adaptation. Preferences for living space are also affected by past experience and social comparisons to regional and national averages. Additionally, homeownership acts as a social norm and positional good, such that individuals' happiness is influenced by homeownership rates of their peers. The findings suggest housing policies could aim to improve well-being by addressing issues of social status and adaptation.
Detailed Information
| Author: | ['Khan Tan'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 198 |
| Language: | English |
| Format: | |
| Price: | FREE |
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