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Home ownership and social mobility

Author

Listed:
  • Jo Blanden
  • Stephen Machin

Abstract

There is much talk about the difficulties that many young people in Britain face in trying to acquire their first home. Research by Jo Blanden and Stephen Machin explores the links between home ownership and social mobility, and finds evidence of wealth inequality being increasingly transmitted between the generations.

Suggested Citation

  • Jo Blanden & Stephen Machin, 2017. "Home ownership and social mobility," CentrePiece - The magazine for economic performance 508, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:508
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    File URL: https://cep.lse.ac.uk/pubs/download/cp508.pdf
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    Citations

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    Cited by:

    1. Paul Gregg & Ricky Kanabar, 2023. "Intergenerational wealth transmission in Great Britain," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 69(4), pages 807-837, December.
    2. Carozzi, Felipe & Hilber, Christian A.L. & Yu, Xiaolun, 2024. "On the economic impacts of mortgage credit expansion policies: Evidence from help to buy," Journal of Urban Economics, Elsevier, vol. 139(C).
    3. Ricky Kanabar, 2024. "Assortative mating and wealth inequality in Great Britain: evidence from the baby boomer and Gen X cohorts," CEPEO Working Paper Series 24-07, UCL Centre for Education Policy and Equalising Opportunities, revised Nov 2024.
    4. Bertrand Garbinti & Frédérique Savignac, 2020. "Accounting for Intergenerational Wealth Mobility in France over the 20th Century: Method anDeestimations," Working papers 776, Banque de France.
    5. Nachmany, Harel & Hananel, Ravit, 2019. "A tale of two neighborhoods: Toward a new typology of land rights," Land Use Policy, Elsevier, vol. 80(C), pages 233-245.
    6. Jo Blanden & Andrew Eyles & Stephen Machin, 2021. "Trends in Intergenerational Home Ownership and Wealth Transmission," CEPEO Working Paper Series 21-05, UCL Centre for Education Policy and Equalising Opportunities, revised May 2021.
    7. Joanne Lindley & Steven McIntosh, 2019. "The Social Mobility of Home Ownership: To What Extent Have the Millennials Fared Worse?," Working Papers 2019012, The University of Sheffield, Department of Economics.
    8. Bárbara Castillo, 2020. "Trends in intergenerational homeownership mobility in France between 1960-2015," Working Papers halshs-02511116, HAL.
    9. Brian Bell & Jack Blundell & Stephen Machin, 2023. "Where is the Land of Hope and Glory? The geography of intergenerational mobility in England and Wales," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(1), pages 73-106, January.
    10. Disney, Richard & Gathergood, John & Machin, Stephen & Sandi, Matteo, 2020. "Does homeownership reduce crime? A radical housing reform in Britain," LSE Research Online Documents on Economics 108426, London School of Economics and Political Science, LSE Library.
    11. Bertrand Garbinti & Frédérique Savignac, 2020. "Intergenerational Home Ownership in France over the Twentieth Century," NBER Chapters, in: Measuring Distribution and Mobility of Income and Wealth, pages 411-435, National Bureau of Economic Research, Inc.
    12. Benetton, Matteo & Kudlyak, Marianna & ,, 2022. "Dynastic Home Equity," CEPR Discussion Papers 17464, C.E.P.R. Discussion Papers.
    13. Nachmany, Harel & Hananel, Ravit, 2023. "The Urban Renewal Matrix," Land Use Policy, Elsevier, vol. 131(C).
    14. Richard Disney & John Gathergood & Stephen Machin & Matteo Sandi, 2023. "Does Homeownership Reduce Crime? A Radical Housing Reform from the UK," The Economic Journal, Royal Economic Society, vol. 133(655), pages 2640-2675.
    15. Bell, Brian & Blundell, Jack & Machin, Stephen, 2018. "The changing geography of intergenerational mobility," LSE Research Online Documents on Economics 91714, London School of Economics and Political Science, LSE Library.

    More about this item

    Keywords

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    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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