Abstract:The tenure statuses made by households (renter-occupancy or owner-occupancy) are influenced by a multitude of factors, some of which cannot be directly measured. However, economists are still interested in knowing the relative severity and patterns of influence these factors have on housing tenure status. The purpose of this research was to determine the effect of assuming joint dependency between housing tenure and affordability on the model results. The effect of model-mis-specification on severity and relat… Show more
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