IDEAS home Printed from https://ideas.repec.org/a/taf/chosxx/v27y2012i7p940-961.html
   My bibliography  Save this article

Testing Home Ownership as the Cornerstone of Welfare: Lessons from East Asia for the West

Author

Listed:
  • Richard Ronald
  • John Doling

Abstract

In recent years, one driver behind the promotion of home ownership in Western countries has been the belief that owner-occupied housing assets provide a means to build up individual welfare security, potentially offsetting pension shortfalls in retirement. In contrast, many developed East Asian societies have both long focussed on advancing ‘asset’ or ‘property-based welfare’ systems as well as experienced the late-1990s Asian Financial Crisis which forced changes in housing and welfare practices. This paper examines how home ownership and asset-based welfare fared in these contexts and the lessons to be learned. It begins by considering the role of owner-occupied housing assets in different welfare regimes before empirically examining how asset-based welfare systems have been realized. It then considers how East Asian home ownership and asset-based welfare systems have stood-up to economic crises. The final section considers what the East Asian experiences contribute to an understanding of the housing assets–welfare relationship.

Suggested Citation

  • Richard Ronald & John Doling, 2012. "Testing Home Ownership as the Cornerstone of Welfare: Lessons from East Asia for the West," Housing Studies, Taylor & Francis Journals, vol. 27(7), pages 940-961.
    • Handle: RePEc:taf:chosxx:v:27:y:2012:i:7:p:940-961
    DOI: 10.1080/02673037.2012.725830
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02673037.2012.725830
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02673037.2012.725830?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bo Kyong Seo & Dayoon Kim, 2024. "THE HOUSING‐WELFARE REGIME AND THIRD‐SECTOR HOUSING IN HONG KONG AND SOUTH KOREA: A Historical Institutionalist Perspective," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 48(3), pages 442-462, May.
    2. Bo Kyong Seo & In Hyee Hwang & Yi Sun & Juan Chen, 2022. "Homeownership, Depression, and Life Satisfaction in China: The Gender and Urban-Rural Disparities," IJERPH, MDPI, vol. 19(22), pages 1-13, November.
    3. Natacha Aveline-Dubach, 2017. "Centrality of Land in the Capital Accumulation Regime in China [La centralité du foncier dans le régime d’accumulation du capital en Chine]," Post-Print halshs-01556558, HAL.
    4. Rshood M. Al-Khraif & Abdullah N. Al-Mutairi & Khaled O. Alradihan & Asharaf Abdul Salam, 2018. "Retiree home ownership in Saudi Arabia: the role of geographic, demographic, social and economic variables," Journal of Population Research, Springer, vol. 35(2), pages 169-185, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:chosxx:v:27:y:2012:i:7:p:940-961. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/chos20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.