Housing Tenure Choice and Housing Expenditures in the Czech Republic

The paper examines the potential factors affecting housing tenure choice decision (rent or own) using an econometric model drawing on sample data. Results of the analysis, making use of the investigation of EU-SILC in the CR, testify to the fact that tenure choice is influenced by the factors similar to those in other countries - household income, marital status of the household head and household size (persons/household). On the other hand, the influence of other demographic characteristics of the household head (gender or age) has not been confirmed. The econometric model also made it possible to evaluate potential influence of these factors on housing expenditures of households. The tenure choice decision is significantly influenced not only by the logical influence of household income but also by household size and residence in Prague, particularly in the rented housing sector.