Intergenerational Transfers as a Response to Changes in the Housing Market in Slovenia
AbstractIn our paper we analyze the incidence of intergenerational family transfers in relation to the changing conditions in the housing market and the market for housing finance and transformations in the institutional framework. The results imply that the incidence of intergenerational transfers is tied to the changing conditions in the housing market and the prevailing level of interest rates. Intergenerational transfers for a home purchase therefore act as an informal source of housing finance and play a strong cushioning role in terms of the harsh market conditions along with a housing policy that gives households hardly any alternative to homeownership.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal International Journal of Housing Policy.
Volume (Year): 8 (2008)
Issue (Month): 3 ()
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- Norifumi Yukutake & Shinichiro Iwata & Takako Idee, 2011. "Strategic Interaction between Inter Vivos Gifts and Housing Acquisition," Global COE Hi-Stat Discussion Paper Series gd11-201, Institute of Economic Research, Hitotsubashi University.
- Iwata, Shinichiro & Yukutake, Norifumi, 2013. "Housing subsidy or parental support: Crowding-out effect of mortgage tax deduction," MPRA Paper 46647, University Library of Munich, Germany.
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