결혼 전 주택소유, 미혼 청장년의 결혼확률과 결혼시기에 영향을 미치는가?

Abstract

Single individuals consider housing problems as the primary determinant in their decision to marry in South Korea. If they own a house, are they less likely to avoid marriage and more inclined to marry sooner? To identify this, we investigate the impact of pre-marital homeownership on the transition to marriage and its timing. To do so, we exploit a linear probability model with two-way fixed effects. We find no significant evidence of pre-marital homeownership on the transition to marriage, consistent across individual characteristics. Similarly, we also find that there is no evidence of the effects of pre-marital homeownership on marriage timing. However, the evidence of gender heterogeneity reveals that the pre-marital homeownership has marriage-delaying effects for women. These findings suggest the necessity of government intervention to discourage owning a house before marriage.