Revista OEconomica

Iulian-Gabriel IONESCU, Mariam BALINT, Gabriel-Robert SAIU - An Inquiry into the Determinants of Stock Market Performance in CEE: A Dual Approach Based on ARDL and Quantile Regression

Ioana Anastasia MUŞAT - Detecting Speculative Bubbles and Contagion Dynamics in the European Technology Sector [Detectarea bulelor speculative şi analiza contagiunii în sectorul tehnologic european]

Laura PREDA - Determining the Socio-Economic Factors of Home Ownership Across Europe

Maria Cristina DRĂGUŢESCU, Esra CADÎR, Rebecca Elena APOSTOLESCU - The European Union and the Innovation and Competitiveness Gap Vis-à-Vis the United States [Uniunea Europeană şi decalajul de inovaţie şi competitivitate faţă de SUA]

Iulian Cezare DEDIU - Economic Warfare: Analyzing the Use of Sanctions in Geopolitical Conflicts [Arma economică: analiza utilizării sancţiunilor în conflictele geopolitice]

Articles on Issue Theme

Laura PREDA

Academia de Studii Economice din Bucureşti

Owner-occupancy represents a form of housing tenure in which individuals reside in dwellings they own, often constituting a major financial decision with significant implications for households as well as local and national economies. This paper contributes to the literature on housing economics by identifying, testing, and interpreting the socio-economic determinants of home ownership rates across the European Union. A longitudinal analysis is conducted for the 27 EU member states over the post-crisis period 2010-2023, employing a Fixed Effects regression framework. The empirical results indicate that higher unemployment rates are associated with increased levels of owner-occupancy, while a larger share of foreign-born residents corresponds to lower home ownership rates. The relationship between unemployment and ownership appears nuanced and may reflect reduced labour mobility among homeowners or an increased preference for financial security during periods of economic uncertainty. At the same time, immigrants often face financial, institutional, and social barriers to accessing home ownership. The findings contribute to broader discussions on tenure choice, housing market dynamics, and economic and social integration, offering insights of relevance to policymakers, researchers, and households alike.

ŒCONOMICA no. 3/2025

Keywords: European Union, home ownership, tenure choice, socio-economic determinants, housing markets, panel data analysis

JEL: C33, D12, J61, R21, R31

Determining the Socio-Economic Factors of Home Ownership Across Europe

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