Contributions of path-dependency and social capital drivers to housing tenure transitions in Britain

Journal article


Aguda, O. (2019). Contributions of path-dependency and social capital drivers to housing tenure transitions in Britain. International Journal of Housing Markets and Analysis. 12 (4), pp. 788-806.
AuthorsAguda, O.
Abstract

This paper investigates the contributions of path-dependency and some contextual social capital drivers to housing tenure transitions in Britain. Different situations have continued to shape young adults’ housing tenure decisions. However, very little research has been done to investigate the impact of some social capital drivers, such as neighbourhood integration and strength of parental intimacy, on housing tenure decisions in Britain.
The study is carried out by tracking a sample of young adults in the British Household Panel Survey from 1991 to 2015 until they make tenure transition. Multinomial fixed-effects logistic regression of time to tenure transition was useful for the models, incorporating established economic and demographic drivers and with the inclusion of contextual social capital variables.
The inclusion of the number of years of parental home ownership experience tends to improve on previous path-dependency indicators of tenure transition. With additional years of parental home ownership experience, British young adults are more likely to remain or return to parental housing. Also, individuals that exchange better with their neighbours are less likely to switch tenure. On the other hand, regularity of contact with parents showed a positive relationship with home ownership or parental housing transitions.
To the best of the author’s knowledge, no study has explored the impact of the duration of socialisation in parental housing, and also the impact of some other social capital drivers, such as neighbourhood integration and strength of parental intimacy, on housing tenure decisions among young adults. Hence, it is believed that the findings will further assist policymakers in understanding the dimensions and drivers of tenure shifts.

Year2019
JournalInternational Journal of Housing Markets and Analysis
Journal citation12 (4), pp. 788-806
PublisherEmerald
Digital Object Identifier (DOI)doi:10.1108/IJHMA-10-2018-0078
Web address (URL)https://www.emerald.com/insight/content/doi/10.1108/IJHMA-10-2018-0078/full/html
Publication dates
Print05 Aug 2019
Publication process dates
Deposited11 Feb 2019
Accepted08 Dec 2018
Accepted author manuscript
License
CC BY 4.0
File Access Level
Open
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https://openresearch.lsbu.ac.uk/item/8685z

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Accepted author manuscript
Housing paper.pdf
License: CC BY 4.0
File access level: Open

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Related outputs

Relationships between Young Adults’ Housing Tenure, Elements of Perceived Job Security and Social Capital in Britain
Aguda, O and Ebohon, OJ (2020). Relationships between Young Adults’ Housing Tenure, Elements of Perceived Job Security and Social Capital in Britain. International Journal of Housing Markets and Analysis.
Examining the Relationships between Young Adults’ Housing Tenure, Elements of Perceived Job Security and Social Capital in Britain
Aguda, O., Ebohon, O. and Leishman, C. (2019). Examining the Relationships between Young Adults’ Housing Tenure, Elements of Perceived Job Security and Social Capital in Britain. European Real Estate Society (ERES). Cergy-Pontoise Cedex, France 03 - 06 Jul 2019