Intergenerational wealth transmission and homeownership in Europe–a comparative perspective

ABSTRACT: The literature on social and wealth inequality has long acknowledged the importance of intergenerational wealth transmission (IWT) to inequality in homeownership tenure. However, it has paid insufficient attention to the institutional structures that moderate these inequalities. Therefore, in this study, we ask how institutional factors via differential housing finance systems and governmental housing policies, moderate the association between IWT and homeownership tenure. This is done by using the framework of housing regime configurations and mortgage market financialization. To do so, we pooled data for 20 European countries from the European Central Bank’s Household Finance and Consumption Survey (HFCS) for 2010–2017, for household heads aged 25–40. Our main findings show consistent co

SUBMITTER: Cohen Raviv O 

PROVIDER: S-EPMC9518901 | biostudies-literature | 2022 Jan

REPOSITORIES: biostudies-literature