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The impact of parental homeownership on children's outcomes during early adulthood

Author

Listed:
  • George Galster
  • Dave E. Marcotte
  • Marvin B. Mandell
  • Hal Wolman
  • Nancy Augustine

Abstract

Whether children benefit from being raised in a home owned by their parents has important policy implications and has been the topic of much scholarly debate. We match Panel Study of Income Dynamics data with census tract data to examine the impact of childhood experiences on adult outcomes for children followed over three decades. This allows us to document a wide range of characteristics. For children born between 1968 and 1974, we analyze data on their first 18 years and also various outcomes when they are between 25 and 31 in 1999. We control for a comprehensive set of observable parental characteristics and develop a method to control for unobservable child characteristics together with an instrumental variable for the remaining selection problems. Parental homeownership status and children's college education and home‐ownership status are closely related, although the former is generated partially by the greater residential stability associated with homeownership.

Suggested Citation

  • George Galster & Dave E. Marcotte & Marvin B. Mandell & Hal Wolman & Nancy Augustine, 2007. "The impact of parental homeownership on children's outcomes during early adulthood," Housing Policy Debate, Taylor & Francis Journals, vol. 18(4), pages 785-827, January.
    • Handle: RePEc:taf:houspd:v:18:y:2007:i:4:p:785-827
    DOI: 10.1080/10511482.2007.9521621
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    References listed on IDEAS

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    1. Richard B. Freeman, 1991. "Crime and the Employment of Disadvantaged Youths," NBER Working Papers 3875, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Aarland, Kristin & Santiago, Anna Maria & Galster, George C. & Nordvik, Viggo, 2021. "Childhood Housing Tenure and Young Adult Educational Outcomes: Evidence from Sibling Comparisons in Norway," Journal of Housing Economics, Elsevier, vol. 54(C).
    2. Lee, Hyojung & Myers, Dowell & Painter, Gary & Thunell, Johanna & Zissimopoulos, Julie, 2020. "The role of parental financial assistance in the transition to homeownership by young adults," Journal of Housing Economics, Elsevier, vol. 47(C).
    3. Amy Clair, 2019. "Housing: an Under-Explored Influence on Children’s Well-Being and Becoming," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 12(2), pages 609-626, April.
    4. Blau, David M. & Haskell, Nancy L. & Haurin, Donald R., 2019. "Are housing characteristics experienced by children associated with their outcomes as young adults?," Journal of Housing Economics, Elsevier, vol. 46(C).
    5. Cordes, Sarah A. & Schwartz, Amy Ellen & Elbel, Brian, 2023. "The effects of owner-occupied housing on student outcomes: Evidence from NYC," Regional Science and Urban Economics, Elsevier, vol. 98(C).
    6. Joan Damiens & Christine Schnor, 2022. "Do tenants suffer from status syndrome? Homeownership, norms, and suicide in Belgium," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 46(16), pages 453-502.
    7. O'Donnell, James & Kingsley, Meg, 2020. "The relationship between housing and children’s socio-emotional and behavioral development in Australia," Children and Youth Services Review, Elsevier, vol. 117(C).
    8. Berger, Lawrence M. & Collins, J. Michael & Smeeding, Timothy M., 2015. "Exiting or retaining owner-occupied housing in the United States 1999–2009: How do social programs matter?," Children and Youth Services Review, Elsevier, vol. 57(C), pages 112-126.
    9. Jie Chen, 2013. "Housing tenure, residential mobility and adolescents’ education achievement: evidence from Sweden," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 50(1), pages 275-294, February.

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