Accessibility navigation

Homeownership for future generations in the UK

Meen, G. (2013) Homeownership for future generations in the UK. Urban Studies, 50 (4). pp. 637-656. ISSN 0042-0980

Full text not archived in this repository.

It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing.

To link to this item DOI: 10.1177/0042098012458006


This paper constructs a housing market model to analyse conditions for different generations of households in the UK. Previous policy work has suggested that baby-boomers have benefitted at the expense of younger generations. The model relies on a form of financial accelerator in which existing homeowners reinvest a proportion of the capital gains on moving home. The model is extended to look at homeownership probabilities. It also explains why an increasing share of mortgages has gone to existing owners, despite market liberalisation and securitisation. In addition, the model contributes to the explanation of volatility.

Item Type:Article
Divisions:Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:28611
Publisher:Taylor & Francis

University Staff: Request a correction | Centaur Editors: Update this record

Page navigation