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Abstract
The purpose of this paper is to analyze the life-style sacrifices reported by recent home buyers. During the Spring of 1982, a telephone survey was used to measure the extent of specific life-style sacrifices reported by 152 recent home buyers in a midwest community. The data were analyzed using the Chi-square and gamma statistics and analysis of variance with the Least Significant Difference Test. The findings indicate that the purchase of a home alters the life style of households, particularly in types of expenditures often made with discretionary income. The extent of life-style sacrifice is greater for younger home owners than for the older buyers, for those with with lower incomes than for those with higher incomes, and for home buyers purchasing a first home than for those purchasing second homes.
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Notes on contributors
Tammy F. Hinkle
Scientific Paper No. 7066, Journal Series, Nebraska Agricultural Experiment Station, Project 92–007. The authors are Instructor and Assistant Professor, Department of Education and Family Resources, University of Nebraska-Lincoln.
E. Raedene Combs
Scientific Paper No. 7066, Journal Series, Nebraska Agricultural Experiment Station, Project 92–007. The authors are Instructor and Assistant Professor, Department of Education and Family Resources, University of Nebraska-Lincoln.