TI 2002-003/3 Tinbergen Institute Discussion Paper Residential Mobility and Local Housing Market Differences Arno J. van der Vlist Cees Gorter* Peter Nijkamp* Piet Rietveld* Department of Economics, Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam * Tinbergen Institute Tinbergen Institute The Tinbergen Institute is the institute for economic research of the Erasmus Universiteit Rotterdam, Universiteit van Amsterdam and Vrije Universiteit Amsterdam. Tinbergen Institute Amsterdam Keizersgracht 482 1017 EG Amsterdam The Netherlands Tel.: +31.(0)20.5513500 Fax: +31.(0)20.5513555 Tinbergen Institute Rotterdam Burg. Oudlaan 50 3062 PA Rotterdam The Netherlands Tel.: +31.(0)10.4088900 Fax: +31.(0)10.4089031 Most TI discussion papers can be downloaded at http://www.tinbergen.nl Residential Mobility and Local Housing Market Differences Arno J. van der Vlist1, Cees Gorter, Peter Nijkamp and Piet Rietveld Department of Economics Free University Amsterdam De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands tel: +31-20-4446090, fax: +31-20-4446004 and Tinbergen Institute December 21, 2001 1Correspondence to Arno van der Vlist, e-mail:
[email protected] Abstract Residential Mobility and Local Housing Market Differences This paper extends previous literature on variations in mobility rates across local housing markets by examining the linkage of mobility rates at the household level to the structure of local housing markets. The results indicate that residential mobility rates differ widely across local housing markets, substantiating the view that residential relocation is intimately in- tertwined with conditions at the local level. Local housing market conditions also have different effects on mobility rates for renters and owner-occupiers.