Comprar o arrendar una vivienda? Una aplicación para el caso de la ciudad de La Paz
Bibliographic Data
| ID | 6166582 |
|---|---|
| Authors | Mauricio Tejada (0000-0003-1598-1385), Rafael Vidaurre |
| Year | 2007 |
| Issue | 60 |
| Pages | 199-228 |
| Publication date | 2007-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Revista Desarrollo y Sociedad (JOURNAL) |
| Journal identifiers | ISSN: 0120-3584 • E-ISSN: 1900-7760 |
| Publisher | Universidad de los Andes (PUBLISHER • VE) |
| DOI | 10.13043/dys.60.6 |
| OpenAlex | W2149510696 |
| Language | ES |
| References cited | 4 |
In the city of La Paz, the housing market is experiencing a favorable situation characterized by an increasing volume of available resources in the financial system, low real interest rates, a currency that is continuously being appreciated and an increase in the stock of different types of housing. In this context, the question that arises concerns the determinants of purchasing a home. Among those determinants, it is possible that some socioeconomic characteristics of the families determine whether the families have access to the credit market, which leads to the fact that even though it could be optimum to purchase a home the family I obligated to rent. To model the decision of purchasing under the rationing of credit availability we follow the methodology of Henderson and Ioannides (1986; 1983). We found that the characteristics such as income, age, education level, and marital status of the head of household play a role in determining the possibility of having access to a credit market for the financing of a home
Art · Geography · Humanities · Political science · Housing Market and Economics
| Citation velocity | historical |
|---|---|
| Highly cited | No |