Purpose – The purpose of this paper is to construct a hedonic property price index in the segmented housing market. Design/methodology/approach – Three different research questions are investigated. The first considers how to identify separate local housing markets, with the use of a...

This paper investigates whether housing allowance affects recipients' tenure choice in Sweden. To answer this question, a two-stage conditional maximum likelihood probit (2SCMLP) model is applied in a panel data setting to simultaneously control for individual heterogeneity, state dependence and...

This paper investigates whether family background seems to have any influence on first-time homeownership. Recent studies have indicated that it has become more difficult to become established in the housing market and such situations may increase the importance of parental wealth. In this...