IDEAS home Printed from
   My bibliography  Save this article

Shared Ownership: Satisfying Ambitions for Homeownership?


  • Alison Wallace


The extent to which models of subsidised homeownership fulfil the purchasers’ ambitions for homeownership is poorly understood in relation to the UK, where the shared ownership - part rent/part buy -- model dominates. Homeownership remains highly aspirational and central to much housing policy, but remains beyond the reach of many households. Consequently subsidised access to the tenure is apparent in many countries with various restraints attached on the use and exchange rights that relate to the property. The purpose of the paper is to suggest that we should think more critically about the components of tenure and how these are configured in hybrid models of ownership and renting, and how, or if, these configurations sufficiently fulfil expectations of ownership. The paper concludes that partial ownership provides purchasers with opportunities to demonstrate they are not Bauman's ‘flawed consumers’, but that these psychosocial benefits may, consciously or otherwise, mask the attributes of the form of occupancy and ownership that are less well aligned with traditional homeownership, such as the control over the management and exchange of the home and assets. The paper contends that the extent to which, and how, shared ownership fulfils expectations of ownership now and over the long term remains an empirical question for the research community to explore further.

Suggested Citation

  • Alison Wallace, 2012. "Shared Ownership: Satisfying Ambitions for Homeownership?," International Journal of Housing Policy, Taylor & Francis Journals, vol. 12(2), pages 205-226, June.
  • Handle: RePEc:taf:intjhp:v:12:y:2012:i:2:p:205-226
    DOI: 10.1080/14616718.2012.681580

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item


    Access and download statistics


    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:12:y:2012:i:2:p:205-226. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    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 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.