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Intergenerational Transmission of Homeownership: The Roles of Gifts and Continuities in Housing Market Characteristics

Author

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  • Amanda Helderman

    (Amanda@amandahelderman.com.)

  • Clara Mulder

    (Faculty of Social and Behavioural Sciences,University of Amsterdam, Nieuwe Prinsengracht 130, 1018 VZ Amsterdam, The Netherlands, C.H.Mulder@uva.nl)

Abstract

Parental homeownership influences the younger generation's housing tenure through parental gifts and similarities in housing market circumstances (for example, urban-rural differences), among other mechanisms. This paper contributes to the distinguishing of these mechanisms and their relative importance, using the Netherlands Kinship Panel Study data and logistic regression analysis of housing tenure. Both gift-giving and continuities in housing market characteristics appear to be important mechanisms underlying the intergenerational transmission of homeownership. After controlling for these mechanisms and other individual and parental characteristics, a strong effect of parents' housing tenure on children's housing tenure remains, which may be partly attributed to mechanisms such as socialisation.

Suggested Citation

  • Amanda Helderman & Clara Mulder, 2007. "Intergenerational Transmission of Homeownership: The Roles of Gifts and Continuities in Housing Market Characteristics," Urban Studies, Urban Studies Journal Limited, vol. 44(2), pages 231-247, February.
    • Handle: RePEc:sae:urbstu:v:44:y:2007:i:2:p:231-247
    DOI: 10.1080/00420980601075018
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    References listed on IDEAS

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    1. Engelhardt, Gary V. & Mayer, Christopher J., 1998. "Intergenerational Transfers, Borrowing Constraints, and Saving Behavior: Evidence from the Housing Market," Journal of Urban Economics, Elsevier, vol. 44(1), pages 135-157, July.
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    3. Guiso, Luigi & Jappelli, Tullio, 2002. "Private Transfers, Borrowing Constraints and the Timing of Homeownership," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 34(2), pages 315-339, May.
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    6. Boehm, Thomas P. & Schlottmann, Alan M., 1999. "Does Home Ownership by Parents Have an Economic Impact on Their Children?," Journal of Housing Economics, Elsevier, vol. 8(3), pages 217-232, September.
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    Cited by:

    1. Christa Hubers & Caroline Dewilde & Paul M. de Graaf, 2018. "Parental marital dissolution and the intergenerational transmission of homeownership," Housing Studies, Taylor & Francis Journals, vol. 33(2), pages 247-283, February.
    2. Yukutake, Norifumi & Iwata, Shinichiro & Idee, Takako, 2015. "Strategic interaction between inter vivos gifts and housing acquisition," Journal of the Japanese and International Economies, Elsevier, vol. 35(C), pages 62-77.
    3. Manley, David & van Ham, Maarten & Hedman, Lina, 2018. "Experienced and Inherited Disadvantage: A Longitudinal Study of Early Adulthood Neighbourhood Careers of Siblings," IZA Discussion Papers 11335, Institute of Labor Economics (IZA).
    4. Emanuele Ciani & Claudio Deiana, 2016. "No Free Lunch, Buddy: Housing Transfers and Informal Care Later in Life," Center for the Analysis of Public Policies (CAPP) 0134, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    5. Bettina Isengard & Ronny König & Marc Szydlik, 2018. "Money or space? Intergenerational transfers in a comparative perspective," Housing Studies, Taylor & Francis Journals, vol. 33(2), pages 178-200, February.
    6. Emanuele Ciani & Claudio Deiana, 2018. "No free lunch, buddy: past housing transfers and informal care later in life," Review of Economics of the Household, Springer, vol. 16(4), pages 971-1001, December.
    7. Heather M. Luea, 2008. "The Impact Of Financial Help And Gifts On Housing Demand And Cost Burdens," Contemporary Economic Policy, Western Economic Association International, vol. 26(3), pages 420-432, July.

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