2018
DOI: 10.1080/02673037.2018.1541441
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Intergenerational financial transfers and indirect reciprocity: determinants of the reproduction of homeownership in the post-socialist Czech Republic

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Cited by 22 publications
(14 citation statements)
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“…Despite this, an estimated one-quarter of home sales are done without a mortgage and the typical loan-to-value ratio was only 56% at the end of 2015 (Hypostat, 2016 ). This indicates that within-family intergenerational transfers must be playing an important role in helping young adults acquire housing (Lux et al, 2021 ) – a more important role than that played by market-based finance. These resource transfers also have the effect of supporting and reinforcing the intergenerational transmission of a strong social norm about homeownership being the best of all possible forms of tenure (Lux et al, 2018 ).…”
Section: The Research Contextmentioning
confidence: 99%
“…Despite this, an estimated one-quarter of home sales are done without a mortgage and the typical loan-to-value ratio was only 56% at the end of 2015 (Hypostat, 2016 ). This indicates that within-family intergenerational transfers must be playing an important role in helping young adults acquire housing (Lux et al, 2021 ) – a more important role than that played by market-based finance. These resource transfers also have the effect of supporting and reinforcing the intergenerational transmission of a strong social norm about homeownership being the best of all possible forms of tenure (Lux et al, 2018 ).…”
Section: The Research Contextmentioning
confidence: 99%
“…abound (Mayer and Engelhardt, 1994;Gulbrandsen and Langsether, 2003;Albertini and Kohli, 2013;Mulder and Smits, 2013;Isengard, König and Szydlik, 2018;Lux, Sunega and Kážmér, 2018) and recent Hungarian microdata is also available on the subject, specific…”
Section: Abbreviationsmentioning
confidence: 99%
“…Several studies exploring the housing-related intergenerational transfer of resources in individual countries adopt the approach of Norris and Domański (2009) and Stephens, Lux and Sunega (2015), and explain the importance of family support in CEE by an extremely high rate of home ownership emerging after the mass-privatisation of public housing after the regime change, and an underdeveloped mortgage market (Cirman, 2008;Druta and Ronald, 2018;Lux, Sunega and Kážmér, 2018).…”
Section: Familialism During the Protracted Transformationmentioning
confidence: 99%
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