2012
DOI: 10.1080/02673037.2012.714463
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Young People, Homeownership and Future Welfare

Abstract: Homeownership has become a 'normalised' tenure of choice in many advanced economies, with housing playing a pivotal role in shifts from collective to asset-based welfare. Young people are, however, increasingly being excluded from accessing the housing ladder. Many are remaining in the parental home for longer, and even when ready to 'fly the nest' face significant challenges in accessing mortgage finance. This under-30 age group has become 'generation rent'. As this policy review emphasises, this key public-p… Show more

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Cited by 258 publications
(232 citation statements)
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References 26 publications
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“…Articles in this special issue add to an existing body of evidence which shows young people do not share the same opportunities to leave the family home and transition into independent living -instead there is significant inequality amongst young people (Clapham et al, 2014;Ford, Rugg, & Burrows, 2002;Hochstenbach and Boterman, 2015;McKee, 2012). Three factors are particularly influential in determining who is able to leave and what accommodation they can secure.…”
Section: Housing Policy Challengesmentioning
confidence: 99%
See 1 more Smart Citation
“…Articles in this special issue add to an existing body of evidence which shows young people do not share the same opportunities to leave the family home and transition into independent living -instead there is significant inequality amongst young people (Clapham et al, 2014;Ford, Rugg, & Burrows, 2002;Hochstenbach and Boterman, 2015;McKee, 2012). Three factors are particularly influential in determining who is able to leave and what accommodation they can secure.…”
Section: Housing Policy Challengesmentioning
confidence: 99%
“…First, young people with higher economic resources are advantaged (Clapham et al, 2014) and this proved to be particularly true in Filandri and Bertolini's European overview (2016). Second, parental support can help transitions by providing economic assistance (Druta & Ronald, 2016;Ford et al, 2002;McKee, 2012) but also hinder transitions by expecting young people to remain at home for longer (Mackie, 2012). The Hong Kong and Chinese articles in this special issue reiterate the important economic and indeed social role of parents in influencing young people's transitions from the family home.…”
Section: Housing Policy Challengesmentioning
confidence: 99%
“…This expansion of the PRS reflects broader processes of neoliberal welfare state restructuring that have gathered pace in the UK, and internationally, since the 1980s. These processes have reduced the welfare safety-net for citizens, requiring them instead to take responsibility for their own life outcomes through the market (Kemp, 2015;McKee, 2012;Forrest and Hirayama, 2009). …”
Section: Introductionmentioning
confidence: 99%
“…Analysis of the expansion of the PRS in England and Wales has highlighted that private renting has grown most rapidly amongst less advantaged young adults (Coulter, 2016), a trend which has been mirrored in Northern Ireland where over half of all private sector tenants are in receipt of housing benefit payments (Department for Social Development, 2015). This lends weight to the theory that the contraction of social housing sectors in some areas of the UK has contributed to PRS growth (McKee, 2012;Whitehead & Scanlon, 2015). This point is emphasised by Powell (2015, p. 324) who argues that recent tenure change is a product of longer-term processes of housing privatisation in the UK, dating back to the Housing Acts of 1980 and 1988.…”
Section: Understanding the Prs In The Ukmentioning
confidence: 99%