IDEAS home Printed from https://ideas.repec.org/a/taf/intjhp/v17y2017i2p227-248.html
   My bibliography  Save this article

Intergenerational transfers and housing tenure – Australian evidence

Author

Listed:
  • Melek Cigdem
  • Stephen Whelan

Abstract

Australia has a long tradition of home-ownership though there is evidence that rates of home-ownership are declining. Anecdotal evidence suggests that older Australians are facilitating home-ownership for younger cohorts through intergenerational transfers. This paper examines the relationship between housing tenure and transfers in the form of bequests and gifts. We find evidence that intergenerational transfers are associated with a higher probability that recipients subsequently transition into home-ownership. For those at the edges of home-ownership, intergenerational transfers potentially play an important role in facilitating home-ownership. Moreover, given the central role of home-ownership for the savings and wealth accumulation of Australians, such patterns may exacerbate existing inequality and potentially undermine the role that housing may play in a broad-based policy of asset-based welfare.

Suggested Citation

  • Melek Cigdem & Stephen Whelan, 2017. "Intergenerational transfers and housing tenure – Australian evidence," International Journal of Housing Policy, Taylor & Francis Journals, vol. 17(2), pages 227-248, April.
    • Handle: RePEc:taf:intjhp:v:17:y:2017:i:2:p:227-248
    DOI: 10.1080/19491247.2017.1278580
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/19491247.2017.1278580
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/19491247.2017.1278580?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. Xueying Mu & Can Cui & Wei Xu, 2024. "Stagnation or upward mobility? The influence of achieved and ascribed factors on the housing careers of residents in Shanghai," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-13, December.
    2. Michael Warlters, 2023. "Stamp Duty Reform and Home Ownership," The Economic Record, The Economic Society of Australia, vol. 99(327), pages 492-511, December.
    3. Jascha Dräger & Nora Müller & Klaus Pforr, 2024. "The Keys to the House - How Wealth Transfers Stratify Homeownership Opportunities," SOEPpapers on Multidisciplinary Panel Data Research 1210, DIW Berlin, The German Socio-Economic Panel (SOEP).

    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:intjhp:v:17:y:2017:i:2:p:227-248. 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/REUJ20 .

    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.