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Young home ownership in Italy: the need for a change

Author

Listed:
  • Luigi Cannari

    (Banca d’Italia)

Abstract

The young home ownership rate is lower in Italy than in other European countries. The levels of temporary employment associated with higher chances of job changes, unemployment and volatile income have significant effects on youth home ownership, reducing also the probability of acceding to a mortgage. It is therefore necessary to identify alternative ways to adapt costs, amount and forms of house financing to the new scenario

Suggested Citation

  • Luigi Cannari, 2016. "Young home ownership in Italy: the need for a change," BANCARIA, Bancaria Editrice, vol. 10, pages 44-50, October.
    • Handle: RePEc:ban:bancar:v:10:y:2016:m:october:p:44-50
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    File URL: http://www.bancaria.it/en/young-home-ownership-in-italy-the-need-for-a-change
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    More about this item

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General

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