S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
Institutet för Framtidsstudier - Institute for Futures Studies Arbetsrapport, Institutet för Framtidsstudier - Institute for Futures Studies

No 2009:1:
The Effect of Parental Wealth on Tenure Choice. A Study of family background and young adults housing situation

Cecilia Enström Öst ()

Abstract: The aim with this paper is to investigate whether parental wealth influences the tenure choice of young adults. Sweden as a welfare state has historically been considered as strong and with an ambitious housing policy. However, since the early 1990’s there has been a decrease in housing subsidies and a rolling back of the welfare state. These changes have been associated with rising house prices and costs which have worsened young adults’ chances on the housing market. Such problems may increase the importance of parental wealth. Data from three birth-cohorts that entered the housing market during different periods suggest that family background has now become an important factor in describing young adults’ housing situation. Young adults with parents who are owner occupiers and whose fathers have a university degree seem to have become more likely to buy their housing. The results also indicate that growing up with a single parent – a factor that has been shown to put children at risk – now also seems to have become a constraint on choice in the housing market. The result from this three-cohort study indicates that housing opportunities of young adults may have become a matter of class affiliation.

Keywords: Housing tenure; Family background; Wealth; Young adult; (follow links to similar papers)

JEL-Codes: I30; J10; (follow links to similar papers)

20 pages, January 2009

ISSN: 1652-120X; ISBN:978-91-85619-40-5

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

20090218103921filiBO9mZw8B1RuI5AMH5bH.pdf    PDF-file
Download Statistics

Questions (including download problems) about the papers in this series should be directed to Erika Karlsson ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:ifswps:2009_001 This page was generated on 2016-04-14 21:03:08