Page 239 - Contributed Paper Session (CPS) - Volume 1

CPS1290 Sahda R. et al.
Actually, there are some variables affect home ownership. The first variable
is accumulative household income. The research of Li (1977), Gandelman
(2005), Lauridsen and Skak (2007), Guris, Caglayan and Un (2011), Drew (2014)
and Aizawa and Helble (2016) state that income significantly influences the
opportunity to own a house. Sykes (2005) on his study revealed that income
have a significant effect on female household heads in both the white and
black races in the United States. Tan (2008) with the factor analysis method
found that income has a strong correlation with housing ownership in
Malaysia.
The characteristics of the head of the household have an important role
that influences housing ownership. The head of the household is a person who
is responsible for household needs. The sex of the head of the household may
determine housing ownership. Gendelman (2005), Guris, Caglayan and Un
(2011) in their study concluded that men were more likely to become
homeowners than that of women. Another characteristic of the head of the
household is age Increasing age will increase the chances of owning a home
(Li, 1977; Asiedu, 1999; Gandel man, 2005; Constant et al., 2007; Guris et al.,
2011; and Drew, 2014).
The education level of the head of the household also may determine the
ability of the household to own their own home. The level of education plays
an important role in shaping mindset. Sykes (2005) found that education had
a significant effect on unmarried female head of household, whereas in the
white race it was not significant. Tan (2008) with factor analysis found that
home ownership is highly correlated with head of household education. While
Skak and Lauridsen (2007) state that education increases a person's chances
of owning a home.
The marital status of the head of the household also influences the
decision of owning a house. Married couples tend to consider owning a
home. This marital status is proven to have an effect on home ownership status
according to Gendelman (2005), Constant, Roberts, and Zimmermann (2008),
and Guris, Caglayan, and Un (2011). The longer the marriage, the greater the
chance to own a house (Skak and Lauridsen, 2007). On the contrary, according
to Drew (2014), Lauridsen and Skak (2007) marital status does not affect one's
intention to own a house.
Other related research found that the work of the head of the household
also affected home ownership. People who already have permanent jobs and
income who are also likely to think of owning a home. This is related to the
effort that must be made to own the house. Study of Asiedu (1999) found that
the type of work affected home ownership in Kumasi, Ghana. This is also in
line with the research of Tan (2008) who conducted research in Malaysia. Sykes
(2005) found that employment status was not significant for black-headed

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