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Housing cost overburden rate of households by tenant status 2004-2021

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lifskjararannsokn@hagstofa,is
2/5/2022
Percent
2004-2021
LIF03305
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During the publication of the results for 2015-2021, older results have been revised to take into account cost of electricity and heating. This adjustment mainly influences the estimates for tenants.
Estimates for 2019-2021 are preliminary.
The imputation method and weight estimation has changed for years 2019-2021, so the values may present some discontinuity from previous years.
Housing cost overburden rate is based on calculations of the housing cost burden. The housing cost burden is calculated as the percentage of disposable household income that is spent on housing. The housing cost overburden rate is the percentage of the population living in households where total housing costs ('net' of housing allowances) represent more than 40 % of disposable income ('net' of housing allowances).
Total disposable income is the total household income, including social benefits, minus taxes. Profits from the sale of stocks and securities are not included in EU-SILC. Other capital income, such as interest income and dividends on shares, is included.

Unit

Household rate (%)

The results come from Statistics on Income and Living condition survey (SILC), The general research unit in SILC is the household, The sample is drawn on a random basis from the National Registry of Persons, The selected respondent provides all information about the living condition of the household, their own conditions and the conditions of all other household members, Here the data is analysed at the household level,

Confidence interval (+/-)

The results come from Statistics on Income and Living condition survey that is based on a sample of the population and therefore there is uncertainty surrounding the results, To estimate this uncertainty confidence intervals are calculated, The confidence interval estimates how exactly the sample value represents the true value of the population, With 95% certainty the true estimate is contained within the upper and the lower bounds,
The 95% confidence interval for housing cost overburden rate does not fall below 0 and is assymmetrical, ie, the lower and upper bounds can be unequal, The confidence interval for median of the housing cost burden is symmetrical, ie, lower and upper bounds are equal, andis estimated by multiplying 1,96 with the standard error,