Housing and Mortgage Dynamics: Evidence from Household Surveys
20 Pages Posted: 8 Oct 2016
Date Written: October 7, 2016
This paper discusses research that uses Dutch household survey data to study housing and mortgage dynamics. After introducing broad developments and summarizing related work on heterogeneity, this paper focuses on the role of loan-to-value ratios. Household survey data suggests that the increase of loan-to-value ratios for first-time buyers in the housing market has come to a halt. Using ordered logit regressions, we find that house characteristics and demographic variables can explain heterogeneity in LTV ratios.
Keywords: housing, mortgages, loan-to-value, financial literacy, survey
JEL Classification: E42, E51, F31, G1
Suggested Citation: Suggested Citation