Previous research has shown that the home ownership status of parents matters for the likelihood of a child becoming an owner, and other research has studied how financial intergenerational transfers affect the transition to ownership. We extend these existing studies by estimating the effect of financial transfers on the probability of becoming an owner as well as the role of in-kind transfers. We also analyse how the impacts of different intergenerational transmission channels vary across neighbourhoods of advantage and disadvantage and discuss the implications for inequality in access to ownership. Drawing on a large panel data set from the Household, Income and Labour Dynamics in Australia Survey, we offer three new findings. First, we show that financial transfers made concurrently with home purchases play a more important role than lagged transfers and that in-kind transfers are also an important part of the process of gaining ownership. Second, we note that in-kind transfers are more effective for raising home ownership prospects in areas with high socioeconomic status, while financial transfers appear to be more effective in middle-class neighbourhoods. Third, children from disadvantaged backgrounds are least likely to be assisted into home ownership by intergenerational transfers.

中文翻译：

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代际转移和房屋所有权结果：传输渠道和地域差异

先前的研究表明，父母的房屋所有权状况对孩子成为所有者的可能性很重要，而其他研究则研究了财务代际转移如何影响向所有权的过渡。我们通过估计财务转移对成为所有者的可能性的影响以及实物转移的作用来扩展这些现有研究。我们还分析了不同代际传播渠道的影响如何因优势和劣势社区而异，并讨论了对所有权不平等的影响。利用澳大利亚家庭、收入和劳动力动态调查的大型面板数据集，我们提供了三个新发现。第一的，我们表明，与购房同时进行的财务转移比滞后转移发挥更重要的作用，实物转移也是获得所有权过程的重要组成部分。其次，我们注意到实物转移对提高社会经济地位较高地区的住房所有权前景更为有效，而金融转移似乎对中产阶级社区更有效。第三，来自弱势背景的儿童最不可能通过代际转移获得房屋所有权。而金融转移似乎在中产阶级社区更有效。第三，来自弱势背景的儿童最不可能通过代际转移获得房屋所有权。而金融转移似乎在中产阶级社区更有效。第三，来自弱势背景的儿童最不可能通过代际转移获得房屋所有权。