Neighbourhood Effects, Social Capital and Young Adults’ Homeownership Outcomes in the United Kingdom

Journal article


Aguda, D. and Leishman, C. (2020). Neighbourhood Effects, Social Capital and Young Adults’ Homeownership Outcomes in the United Kingdom. Housing, Theory and Society. https://doi.org/10.1080/14036096.2020.1867234
AuthorsAguda, D. and Leishman, C.
Abstract

Many housing researchers and policymakers assume that homeownership remains the tenure of choice for many individuals and their households in the UK and internationally. Housing affordability concerns and access to mortgage finance have taken centre stage in the debate about the declining prospects for young adults to enter homeownership. Yet, some recent studies have questioned how well we understand other factors that combine to shape housing and tenure outcomes for young adults. We specifically ask whether different combinations of neighbourhood effects, homeownership path dependency and social capital influence tenure transitions for young adults. We provide estimates using multi-level mixed-effects logistic regression models using the British Household Panel Survey 2001-15 for Great Britain. We find evidence to support the argument that these specific effects help to shape housing and tenure outcomes for young adults, albeit with socialization within the family appearing to have a stronger effect in comparison to neighbourhood socialization.

KeywordsDevelopment; Sociology and Political Science; Urban Studies
Year2020
JournalHousing, Theory and Society
PublisherInforma UK Limited
ISSN1403-6096
1651-2278
Digital Object Identifier (DOI)https://doi.org/10.1080/14036096.2020.1867234
Funderreceived
Publication dates
Online29 Dec 2020
Publication process dates
Accepted01 Dec 2020
Deposited28 Apr 2021
Accepted author manuscript
License
File Access Level
Open
Page range1-19
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