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Jeudi 26 Novembre 2009

"The Richer the More Mobile, except for Parisian Public Housing Tenants"

de 14 h à 15 h 30 en Salle S016 à l'INSEE-CREST, 15 Boulevard Gabriel Péri, 92245 MALAKOFF (Métro : Malakoff/Plateau de Vanves (Immeuble "Malakoff 2)).


Résumé : This article looks into the determinants of residential mobility, and especially the effect of income. Mobility is measured through its corollary, the length of tenure in the current home. We first show that the theoretical effect of income on mobility is not straightforward. Empirically we find that more income reduces the length of tenure, at all ages. It could mean that one is more likely to increase than decrease housing consumption when moving. Moreover the effect is non linear. The income gradient is steeper at lower level of income, which points to income constraints to residential mobility for the bottom income quartile of households. One exception to the rule is found for Parisian tenants living in public housing: for them income is positively linked to length of tenure. We explain it by a filtering process where rich tenants stay in good quality public housing.