Right to buy … time to move? investigating the moving behaviour of right to buy owners in the UK

Journal article (2012)
Department
Urbanism (Architecture) (TU Delft)
Copyright: © 2012 The Author(s)
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Published Date

13-06-2012

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Source:

Journal of Housing and the Built Environment, 28 (1), 2013

Faculty

Architecture

Department

Urbanism

Abstract

We gratefully acknowledge financial support from the Economic and Social Research Council (ESRC) (RES-000-22-2460). Part of the political argument in favour of the right to buy (RTB) was that it would stimulate the economy by encouraging the inter-regional mobility of those in public sector housing. This is the first study to examine whether RTB-owners are indeed more mobile than those in social housing. Using longitudinal data from the British household panel survey and panel regression models we show that the probability of a RTB-owner making a long distance move falls between that of social renters and owner occupiers. However, the difference between RTB-owners and homeowners or social renters is not significant. Social renters are significantly less likely to move over long distances than traditional owners. The results also suggest that RTB-owners are less likely than traditional owners to move for job related reasons, but more likely than social renters