Open Access Open Access  Restricted Access Subscription or Fee Access

Characteristics of First-time Homeownership Behavior and Individual Attributes? Effect of Young Adults: a Longitudinal Study Based on Survival Analysis

Yuan Zhang, Yongxiang Wu


The characteristics of potential first-time housing consumer?s behavior and influencing factors, under the market-oriented background of housing policy, are studied longitudinally using Survival Analysis method. The results show that, the respondents need 5.93 years averagely to get the first homeownership from entering to the labor market formally, and about 49% of them could buy their first house after 5 years. Male, elder, higher education, married ones are more likely to purchase house at each point, as well as the ones whose parents with higher education level. The stage of life cycle is more backward, the probability of becoming a home owner is relatively higher. The life course events of marriage and graduate have significant positive influence on one?s first time homeownership, and the probability of respondents? first time house buying who are born in the 1980s is significantly higher than the ones born in the 1970s.


Survival Analysis, Life Tables, Cox Hazard Proportion model, first-time homeownership, individual attributes.

Full Text:


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information.