Table 4
The probability of an individual having adequate wealth to purchase a home, 1999 and 2005

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The probability of an individual having adequate wealth to purchase a home, 1999 and 2005
  1999 2005
  coefficient p-value coefficient p-value
Constant -5.9103 0.000 -6.3429 0.000
Age 0.2396 0.000 0.2399 0.000
Age squared -0.0021 0.000 -0.0019 0.000
University 1.0226 0.000 0.6855 0.000
Immigrant -0.5708 0.000 -0.9337 0.000
Investment income 0.9007 0.000 1.0590 0.000
Investment income (1 if investment income is less than 0) -0.8671 0.000 -1.2499 0.034
Negative investment income -0.0001 0.235 -0.0004 0.062
The probability of an individual having adequate wealth to purchase a home, 1999 and 2005 (continued)
  1999 2005
Number of observations 5,130 1,781
R-squared 0.1120 0.1397
Log pseudo likelihood -2,233,154 -2,583,770
Source(s):
Statistics Canada, Survey of Financial Security (1999 and 2005).
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