|M.Sc Student||Golan Roni|
|Subject||Real Estate Peorsonality: on the Correlation between|
Personality Traits and Preferences in the Housing
|Department||Department of Architecture and Town Planning||Supervisor||Dr. Danny Ben-Shahar|
|Full Thesis text - in Hebrew|
This research presents new findings on the correlation between personality traits and individual preferences on real estate and housing related issues. Our sample includes 1138 observations, emerging primarily from an online survey, on individual scores on the Big Five personality test, personal preferences on a series of real estate related issues as well as personal background and individual socio-economic characteristics. Results of the ordered-probit estimation indicate a significant correlation between the Big Five personality traits and preferences in tenure mode, mortgage loan type, housing unit characteristics, and real estate investments. Results further indicate a significant correlation between both personal background and socio-economic characteristics and housing-related preferences. Research findings thus propose a new perspective for studying individual and household motivation and preferences (and thus behavior) in the real estate and housing markets.