Abstract This paper studies intergenerational links in home ownership, an increasingly important wealth marker and a measure of economic status itself. Repeated cross sectional UK data show that ownership rates have fallen rapidly over time, most markedly amongst younger people more recent birth cohorts. Evidence from British cohorts supplemented by the Wealth Assets Survey significant rise thr...

Home ownership differentials are both a consequence and a cause of social inequality in the United States. Differences in income, wealth, education, family structure, and racial identity all contribute to differences in home ownership, and differential home ownership opportunities help sustain differences in wealth, education, access to jobs, and overall quality of life. In particular, home own...

This bulletin is based on research by Professor Gavin Wood and Dr Melek Cigdem at the AHURI Research Centre—RMIT University, Associate Professor Rachel Ong at the AHURI Research Centre—Curtin University and Professor Susan J. Smith at Cambridge University. The research sought to understand the pattern and circumstances in which households in mainstream home ownership churn in and out of home ow...

Ethnic Disparities in the Transition to Home Ownership This paper examines ethnic disparities in the transition to home ownership using longitudinal register data from the Netherlands. The study performs a discrete duration model to account for individual and parental background and neighbourhood conditions. Subsequently, the size of explained variance in the home ownership gap between Dutch an...

The research objective of this paper is to test whether health conditions and health behavior are related to home ownership. This question has not yet been examined quantitatively in the existing literature. Our estimation results show that homeowners consistently report better health and less physical problems. The significance of home ownership remains even after controlling for financial ass...

What role does the fourth retirement pillar of home ownership and private saving play in rich nations? Does this asset-based welfare spread the risks of retirement provision or does it distort consumption patterns and fail to improve the non-housing consumption of the elderly? Is it associated with more or less inequality of retirement consumption? This paper examines the role of home ownership...

We document that home ownership of households with “heads” aged 25– 44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001–2005 housing boom. The 1980–2000 decline in young home ownership occurred as improvements in mortgage opportunities made it easier to purchase a home. This paper uses an equilibrium life-cycle model calibrated to micro and macro evide...