ABSTRACT

Many housing researchers and policymakers assume that homeownership remains the tenure of choice for many individuals and their households in the UK and internationally. Housing affordability concerns and access to mortgage finance have taken centre stage in the debate about the declining prospects for young adults to enter homeownership. Yet, some recent studies have questioned how well we understand other factors that combine to shape housing and tenure outcomes for young adults. We specifically ask whether different combinations of neighbourhood effects, homeownership path dependency and social capital influence tenure transitions for young adults. We provide estimates using multi-level mixed-effects logistic regression models using the British Household Panel Survey 2001-15 for Great Britain. We find evidence to support the argument that these specific effects help to shape housing and tenure outcomes for young adults, albeit with socialization within the family appearing to have a stronger effect in comparison to neighbourhood socialization.

摘要

许多住房研究人员和政策制定者认为，房屋所有权仍然是英国和国际上许多个人及其家庭的首选。住房负担能力问题和获得抵押贷款的机会在关于年轻人进入房屋所有权的前景下降的辩论中占据了中心位置。然而，最近的一些研究质疑我们对其他因素的理解程度，这些因素结合起来影响年轻人的住房和保有权结果。我们特别询问邻里效应、房屋所有权路径依赖和社会资本的不同组合是否会影响年轻人的权属过渡。我们使用多级混合效应逻辑回归模型提供估计，使用英国家庭面板调查 2001-15 对英国进行。