Housing Market and Labor Mobility

Labor mobility is determined by a whole set of different factors, but housing market is clearly one of the most important ones. Individuals do not make employment decisions without taking into account options of housing market. Economy constantly c...

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Main Author: Komarov, Vladyslav
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/270531468309374433/Housing-market-and-labor-mobility
http://hdl.handle.net/10986/26793
id okr-10986-26793
recordtype oai_dc
spelling okr-10986-267932021-04-23T14:04:37Z Housing Market and Labor Mobility Komarov, Vladyslav AFFORDABLE HOUSING APARTMENT APARTMENT BUILDINGS APARTMENT UNITS APARTMENTS CITIES CIVIL CODE COMMON PROPERTY COMMUNITIES CONSTRUCTION INDUSTRY DEVELOPERS DISTRICTS DORMITORIES DWELLING DWELLINGS ECONOMIC DEVELOPMENT EVICTION HOME OWNERS HOME OWNERSHIP HOMEOWNER HOMEOWNERS HOMES HOSTELS HOUSE PRICES HOUSEHOLDS HOUSES HOUSING HOUSING AFFORDABILITY HOUSING ALLOWANCES HOUSING COMPANY HOUSING CONDITIONS HOUSING CONSTRUCTION HOUSING COSTS HOUSING DENSITY HOUSING DEVELOPMENT HOUSING MAINTENANCE HOUSING MANAGEMENT HOUSING MANAGEMENT COMPANIES HOUSING MANAGEMENT OFFICES HOUSING MARKET HOUSING MARKETS HOUSING POLICY HOUSING PRICES HOUSING RENT HOUSING STATISTICS HOUSING STOCK HOUSING SUBSIDIES HOUSING SUPPLY INHABITANTS INVENTORY LABOR MARKET LABOR MOBILITY LABOUR MARKETS LABOUR MOBILITY LAND DEVELOPMENT LANDLORD LANDLORDS LEASES LIVING CONDITIONS MAINTENANCE AND REPAIR MAINTENANCE FEE MORTGAGE MARKETS MORTGAGES NEIGHBORHOODS OCCUPANCY RATES OCCUPATION OWNER OCCUPANCY POINTS PRIVATE HOUSING PRIVATE PROPERTY PROPERTY PURCHASE PROPERTY RIGHTS PROPERTY TAXES PROPERTY VALUATION PUBLIC HOUSING REAL ESTATE REAL ESTATE AGENTS REAL ESTATE BUSINESS REAL ESTATE PRICES RENT CONTROLS RENTAL HOUSING RENTALS RENTING RENTS REPAIR RESIDENTIAL AREAS RESIDENTIAL BUILDINGS RESIDENTIAL MOBILITY RESIDENTIAL REAL ESTATE RURAL AREAS SATELLITE TOWNS SMALL TOWNS SUBURBS TAXATION TENANCY TENANTS URBAN AREAS URBAN DEVELOPMENT URBAN HOUSING UTILITIES VILLAGES Labor mobility is determined by a whole set of different factors, but housing market is clearly one of the most important ones. Individuals do not make employment decisions without taking into account options of housing market. Economy constantly changes and diverse opportunities arise in different locations at different points of time. Badly functioning housing market can cause low labor mobility and restrain the ability of employers to match vacancies in specific locations. The issue of labor mobility is especially vital for developing countries. Synovate, a global marketing research company, conducted survey of labor mobility in Russia, Ukraine, Bulgaria and Serbia (Synovate, 2010). Results of the survey showed extremely low desire to relocate in Russia and Ukraine. If offered 1.5 times increase in salary, around 80 percent of respondents in Russia and Ukraine would still refuse to relocate, though in Bulgaria and Serbia only 50 percent of respondents would not change their location on this conditions. Moreover, imperfections in housing market were mentioned in this survey as one of the main reasons for low mobility in Russia and Ukraine. Different characteristics of housing market that can influence labor mobility are discussed in this report. 2017-05-30T22:00:24Z 2017-05-30T22:00:24Z 2011-09 Working Paper http://documents.worldbank.org/curated/en/270531468309374433/Housing-market-and-labor-mobility http://hdl.handle.net/10986/26793 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Europe and Central Asia Ukraine
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AFFORDABLE HOUSING
APARTMENT
APARTMENT BUILDINGS
APARTMENT UNITS
APARTMENTS
CITIES
CIVIL CODE
COMMON PROPERTY
COMMUNITIES
CONSTRUCTION INDUSTRY
DEVELOPERS
DISTRICTS
DORMITORIES
DWELLING
DWELLINGS
ECONOMIC DEVELOPMENT
EVICTION
HOME OWNERS
HOME OWNERSHIP
HOMEOWNER
HOMEOWNERS
HOMES
HOSTELS
HOUSE PRICES
HOUSEHOLDS
HOUSES
HOUSING
HOUSING AFFORDABILITY
HOUSING ALLOWANCES
HOUSING COMPANY
HOUSING CONDITIONS
HOUSING CONSTRUCTION
HOUSING COSTS
HOUSING DENSITY
HOUSING DEVELOPMENT
HOUSING MAINTENANCE
HOUSING MANAGEMENT
HOUSING MANAGEMENT COMPANIES
HOUSING MANAGEMENT OFFICES
HOUSING MARKET
HOUSING MARKETS
HOUSING POLICY
HOUSING PRICES
HOUSING RENT
HOUSING STATISTICS
HOUSING STOCK
HOUSING SUBSIDIES
HOUSING SUPPLY
INHABITANTS
INVENTORY
LABOR MARKET
LABOR MOBILITY
LABOUR MARKETS
LABOUR MOBILITY
LAND DEVELOPMENT
LANDLORD
LANDLORDS
LEASES
LIVING CONDITIONS
MAINTENANCE AND REPAIR
MAINTENANCE FEE
MORTGAGE MARKETS
MORTGAGES
NEIGHBORHOODS
OCCUPANCY RATES
OCCUPATION
OWNER OCCUPANCY
POINTS
PRIVATE HOUSING
PRIVATE PROPERTY
PROPERTY PURCHASE
PROPERTY RIGHTS
PROPERTY TAXES
PROPERTY VALUATION
PUBLIC HOUSING
REAL ESTATE
REAL ESTATE AGENTS
REAL ESTATE BUSINESS
REAL ESTATE PRICES
RENT CONTROLS
RENTAL HOUSING
RENTALS
RENTING
RENTS
REPAIR
RESIDENTIAL AREAS
RESIDENTIAL BUILDINGS
RESIDENTIAL MOBILITY
RESIDENTIAL REAL ESTATE
RURAL AREAS
SATELLITE TOWNS
SMALL TOWNS
SUBURBS
TAXATION
TENANCY
TENANTS
URBAN AREAS
URBAN DEVELOPMENT
URBAN HOUSING
UTILITIES
VILLAGES
spellingShingle AFFORDABLE HOUSING
APARTMENT
APARTMENT BUILDINGS
APARTMENT UNITS
APARTMENTS
CITIES
CIVIL CODE
COMMON PROPERTY
COMMUNITIES
CONSTRUCTION INDUSTRY
DEVELOPERS
DISTRICTS
DORMITORIES
DWELLING
DWELLINGS
ECONOMIC DEVELOPMENT
EVICTION
HOME OWNERS
HOME OWNERSHIP
HOMEOWNER
HOMEOWNERS
HOMES
HOSTELS
HOUSE PRICES
HOUSEHOLDS
HOUSES
HOUSING
HOUSING AFFORDABILITY
HOUSING ALLOWANCES
HOUSING COMPANY
HOUSING CONDITIONS
HOUSING CONSTRUCTION
HOUSING COSTS
HOUSING DENSITY
HOUSING DEVELOPMENT
HOUSING MAINTENANCE
HOUSING MANAGEMENT
HOUSING MANAGEMENT COMPANIES
HOUSING MANAGEMENT OFFICES
HOUSING MARKET
HOUSING MARKETS
HOUSING POLICY
HOUSING PRICES
HOUSING RENT
HOUSING STATISTICS
HOUSING STOCK
HOUSING SUBSIDIES
HOUSING SUPPLY
INHABITANTS
INVENTORY
LABOR MARKET
LABOR MOBILITY
LABOUR MARKETS
LABOUR MOBILITY
LAND DEVELOPMENT
LANDLORD
LANDLORDS
LEASES
LIVING CONDITIONS
MAINTENANCE AND REPAIR
MAINTENANCE FEE
MORTGAGE MARKETS
MORTGAGES
NEIGHBORHOODS
OCCUPANCY RATES
OCCUPATION
OWNER OCCUPANCY
POINTS
PRIVATE HOUSING
PRIVATE PROPERTY
PROPERTY PURCHASE
PROPERTY RIGHTS
PROPERTY TAXES
PROPERTY VALUATION
PUBLIC HOUSING
REAL ESTATE
REAL ESTATE AGENTS
REAL ESTATE BUSINESS
REAL ESTATE PRICES
RENT CONTROLS
RENTAL HOUSING
RENTALS
RENTING
RENTS
REPAIR
RESIDENTIAL AREAS
RESIDENTIAL BUILDINGS
RESIDENTIAL MOBILITY
RESIDENTIAL REAL ESTATE
RURAL AREAS
SATELLITE TOWNS
SMALL TOWNS
SUBURBS
TAXATION
TENANCY
TENANTS
URBAN AREAS
URBAN DEVELOPMENT
URBAN HOUSING
UTILITIES
VILLAGES
Komarov, Vladyslav
Housing Market and Labor Mobility
geographic_facet Europe and Central Asia
Ukraine
description Labor mobility is determined by a whole set of different factors, but housing market is clearly one of the most important ones. Individuals do not make employment decisions without taking into account options of housing market. Economy constantly changes and diverse opportunities arise in different locations at different points of time. Badly functioning housing market can cause low labor mobility and restrain the ability of employers to match vacancies in specific locations. The issue of labor mobility is especially vital for developing countries. Synovate, a global marketing research company, conducted survey of labor mobility in Russia, Ukraine, Bulgaria and Serbia (Synovate, 2010). Results of the survey showed extremely low desire to relocate in Russia and Ukraine. If offered 1.5 times increase in salary, around 80 percent of respondents in Russia and Ukraine would still refuse to relocate, though in Bulgaria and Serbia only 50 percent of respondents would not change their location on this conditions. Moreover, imperfections in housing market were mentioned in this survey as one of the main reasons for low mobility in Russia and Ukraine. Different characteristics of housing market that can influence labor mobility are discussed in this report.
format Working Paper
author Komarov, Vladyslav
author_facet Komarov, Vladyslav
author_sort Komarov, Vladyslav
title Housing Market and Labor Mobility
title_short Housing Market and Labor Mobility
title_full Housing Market and Labor Mobility
title_fullStr Housing Market and Labor Mobility
title_full_unstemmed Housing Market and Labor Mobility
title_sort housing market and labor mobility
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/270531468309374433/Housing-market-and-labor-mobility
http://hdl.handle.net/10986/26793
_version_ 1764462658532147200