Estimating Tenure Choice and Housing Demand in the Philippines

Nicole Bondad    Nicole Danika Bondad, Queennie Mindanao
07 Oct 2017
Categories: Macroeconomics, Economics, Regulation

Country: Philippines

Summary:
The study estimates housing demand and the probability of homeownership in the Philippines. Through an empirical analysis of household-level data in 2009, the research examines the price and income elasticities of both homeowners and renter-households in the country. Addressing the difficulty of measuring housing prices accurately, the researchers apply a ......


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