DEMANDA DE VIVIENDA DE LOS HOGARES EN MÉXICO.

This article analyzes the demand for housing in Mexico through the approach of spending on housing services and user cost of owner-occupied of each representative household by income percentile. The hypothesis of permanent income as a function of the socio-demographic characteristics and the degree of education of the household head is included in the model. We obtain the elasticity of income, wealth, age of head of household, size of household and number of occupied; as well as the semi-elasticity of the user cost of residential capital. It should be noted that expenditure on housing is inelastic, although it is more sensitive to current income than the permanent income. We show that this market structure is regressive, therefore a sensitivity analysis is performed in order to measure the impact on the housing expenditure related to certain variations of the long-run user cost of owner-occupied. [ABSTRACT FROM AUTHOR]