@TechReport{iza:izadps:dp2318, author={Diaz-Serrano, Luis}, title={Housing Satisfaction, Homeownership and Housing Mobility: A Panel Data Analysis for Twelve EU Countries}, year={2006}, month={Sep}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={2318}, url={https://www.iza.org/publications/dp2318}, abstract={We investigate the determinants of housing satisfaction in twelve EU countries. To do so, we use panel data covering the period 1994-2001, which allows us to control for individual heterogeneity. We carry out separate estimates on the determinants of housing satisfaction for homeowners and for renters and observe that: i) the tenure status is critical in determining the level of housing satisfaction; ii) housing satisfaction acts as trigger event of housing mobility, and; iii) dissatisfied renters are more likely to move than their homeowners counterparts. Our results also allow us to conclude that self-reported housing satisfaction is a meaningful variable able to explain individual’s objective economic behavior, since it is able to anticipate movements in the households’ demand for housing. }, keywords={housing mobility;fixed-effects;homeownership;random-effects;housing satisfaction}, }