The Impact of Government Policy on Housing Tenure Choice

2019 ◽  
Author(s):  
Michael White ◽  
Kevin Cutsforth
Keyword(s):  
Government Policy ◽  
Housing Tenure ◽  
Tenure Choice ◽  
Housing Tenure Choice ◽  
The Impact

scholarly journals Retirement Age and Housing Consumption: The Case of South Korea

2021 ◽  
Vol 13 (3) ◽  
pp. 1286
Author(s):  
Chunil Kim ◽  
Hyobi Choi ◽  
Yeol Choi
Keyword(s):  
South Korea ◽  
Group Living ◽  
Peripheral Region ◽  
Housing Tenure ◽  
Housing Consumption ◽  
Household Expenditures ◽  
Housing Tenure Choice ◽  
Populated Region ◽  
The Impact ◽  
Real Assets

South Korea became an aging society in 2000 and will become a super-aged nation in 2026. The extended life expectancy and earlier retirement make workers’ preparation for retirement more difficult, and that hardship might lead to poorer living conditions after retirement. As annuity payments are, in general, not enough for retirees to maintain their previous standard of living after retirement, retired households would have to liquidate their financial and real assets to cover household expenditures. As housing takes the biggest share of households’ total assets in Korea, it seems to be natural for retirees to downsize their houses. However, there is no consensus in the housing literature on housing downsizing, and the debate is still ongoing. In order to understand whether or not housing downsizing by retirees occurs in Korea, this paper examines the impact of the timing of retirement on housing consumption using an econometric model of housing tenure choice and the consumption for housing. The results show that the early retirement group living in more populated region does not downsize the house, while the timing of retirement is negatively associated with housing consumption for the late retirement group living in the peripheral region.

scholarly journals Who Moves Out of Social Housing? The Effect of Rent Control on Housing Tenure Choice

De Economist ◽  
2017 ◽  
Vol 165 (1) ◽  
pp. 43-66 ◽  
Author(s):  
Mark A. C. Kattenberg ◽  
Wolter H. J. Hassink
Keyword(s):  
Social Housing ◽  
Housing Tenure ◽  
Tenure Choice ◽  
Rent Control ◽  
Housing Tenure Choice

Who actually decides? Parental influence on the housing tenure choice of their children

Urban Studies ◽  
2016 ◽  
Vol 55 (2) ◽  
pp. 406-426 ◽  
Author(s):  
Martin Lux ◽  
Tomáš Samec ◽  
Vojtech Bartos ◽  
Petr Sunega ◽  
Jan Palguta ◽  
...  
Keyword(s):  
Parental Influence ◽  
Experimental Studies ◽  
Housing Tenure ◽  
Tenure Choice ◽  
Housing Preferences ◽  
Housing Tenure Choice ◽  
Resource Transfers ◽  
Czech Society ◽  
The Relationship

We focus on the role of within-family socialisation and the relationship between socialisation and resource transfers in the intergenerational transmission of housing preferences, the formation of familial housing attitudes and thus the reproduction of a normative housing tenure ladder across generations in Czech society. We show that resource transfers and the within-family socialisation of housing preferences, including preferences concerning housing tenure, are closely interconnected. In other words, parental influence on decision to buy own housing (and on housing preferences in general) of their adult children through socialisation is stronger if there is an (actual or assumed) intergenerational resource transfer. This has several implications for how housing markets and systems work. The paper draws on findings from qualitative, quantitative and experimental studies.

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