Abstract
Using stated preference data collected in the Greater Toronto Area (GTA), this study presents a combined choice model that considers alternatives consisting of bundles of home relocation and mobility tool choices. The model is estimated for changes in housing and mobility tool ownership choices in response to increasing commuting costs. The major finding is that there is a strong inertia against home relocation, despite significant increases in transportation costs. Using household home location choice data (choice in response to increasing transportation costs), this study also presents a model which predicts whether households will move closer to their workplaces or farther away as a function of several variables, including home prices, household characteristics and commuting distances. The findings reveal that most households relocate farther away from the workplace. Income and housing unaffordability are contemplated as the cause of rigidity in home relocation in the GTA.
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