Headship rates and the household formation process in Great Britain

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Abstract
"This paper looks at the changes in headship rates in Great Britain over the period 1960-1979, and attempts to explain them in terms of economic variables, such as real income and the real cost of housing. Such variables are found to be significant for some household types, but not for others. Notably, young single person household formation appears to be more supply constrained and to respond to appropriate supply variables." Furthermore, "some comparisons are made with similar studies done on similar data from the USA and France. These studies reveal a number of features in common, but also some differences, and these are commented upon."

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