| Description |
1 online resource (216) |
| Contents |
Cover -- Title Page -- Contents -- Preface -- Security and Insecurity Aspects of Home Ownership -- A Cross-Country Analysis -- Introduction -- The Importance of Home Ownership for Individuals and Society At Large -- Security and Insecurity Aspects of Home Ownership -- Structure of the Book -- Housing and Finance Markets and the Institutional Context in Europe -- Introduction -- Demography: Trends and Prospects -- Labour Markets and Social Security -- Institutional Context -- Housing Markets -- Finance Markets -- A Cross-Country Comparison -- Home Ownership and Economic Transition -- Hungary As a Case Study -- Introduction -- Macroeconomic Changes and Changes in the Welfare Regimes -- The Tenure Structure of the Housing Stock in Central and Eastern European Countries -- Housing Markets in Hungary and Other Central and Eastern European Countries -- Conclusion -- The Social Dimension of Home Ownership -- Who Is Getting in and Who Is Staying Out? -- Introduction -- Tenure Choice: Theoretical Background and Literature Review -- Tenure Choice: An Empirical Test Using Swedish Data -- Home Ownership in Europe: Who Are the Owners and What Are the Economic Conditions? -- Changes in Home Ownership Across Europe -- Conclusion -- Home Ownership and Labour Market Participation of Younger People -- Introduction -- The Life-Cycle Consumption Hypothesis -- Tenure Choice, Equity and Employment of Younger Households in Sweden -- Younger Women, Home Ownership and Labour Force Participation -- Conclusions -- Early Retirement and Home Ownership -- Introduction -- Income Sources of Pensioners and the Labour Market of Older Employees in European Countries -- Pension Systems in European Countries -- Retirement Decisions -- Macroeconomic Model of Early Retirement Behaviour -- Microeconomic Analysis of Early Retirement Behaviour -- Conclusion -- Home Ownership, Self-Employment and Investment -- Introduction -- Self-Employment, Investment and Capital Market Failures -- Self-Employment and Home Ownership -- Investment and Home Ownership -- Conclusion -- Privatisation of the Housing Stock in Hungary -- Introduction -- Privatisation of the Hungarian Housing Stock: Aims and Outcomes -- Policy and Institutional Changes -- Factors Affecting Home Ownership -- The Consequences of Privatisation -- Summary and Conclusions -- Insecurity Aspects of Home Ownership -- Introduction -- Repayment Risk of European Home Owners: the Influence of Economic and Institutional Factors -- An Analysis of Households With Mortgage Arrears -- Discussion -- The Social Limits to Growth -- The Security and Insecurity Aspects of Home Ownership -- Introduction -- Discussion of Main Findings -- What Are the (Social) Limits to Home Ownership? -- Directions for Further Research -- References -- Contributors |
| Summary |
The majority of Europeans nowadays are owner-occupiers. In countries where this is not yet the case, home ownership is promoted either directly or indirectly by the government, through subsidies, deregulation of the financial markets or phasing out support to the rented sector. Deregulation of national labour markets and changes to the social security system in recent years - partly due to globalization and partly to far-reaching integration in the European Union - have, weakened the links in the traditioal triangle of home ownership, labour market and social security. As a result, the current growth in home ownership seems to be creating more risks for individual homeowners and for the society at large. At the same time, home ownership offers new prospecs for households to assess their housing career as well as their labour market position and investment opportunities. So, home ownership has both positive as well as negative aspects for individuals and society. The research, on which this book is based, as done as part of the OSIS-project (Origins of Security and Insecurity, the interplay of housing systems with jobs, household structures, finance and social security) and funded by the EU under the 6th framework programme. The research focussed on specifc issues, which will give more insight into the security and insecurity aspects of home ownership across Europe and help to understand the relationship between the structural position of home ownership in different European countries |
| Subject |
Home ownership -- Economic aspects -- European Union countries
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Home ownership -- Social aspects -- European Union countries
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Home ownership -- Economic aspects
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Home ownership -- Social aspects
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European Union countries
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| Form |
Electronic book
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| Author |
Horsewood, N.
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Neuteboom, P.
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| ISBN |
1282880349 |
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9781282880344 |
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9781607505891 |
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1607505894 |
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