Housing and Family Wealth


Book Description

First published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.




Building Wealth One House at a Time: Making it Big on Little Deals


Book Description

Strategies for creating real estate wealth by star ting small--and always making the right moves Nationally known real estate expert John Schaub learned his craft in the best way possible--on the job, and through every kind of market. Over three decades, he learned to bank consistent profits as he built an impressive real estate mini-empire. Building Wealth One House at a Time reveals how virtually anyone can accumulate one million dollars worth of houses debtfree and earn a steady cash flow for life. Unique in that it focuses on buying houses in good-quality neighborhoods, Schaub's nine-step program includes: Renting to long-term tenants, with financial incentives to pay on time Avoiding the temptation of bigger deals, which invariably include bigger problems A 10-year plan to pay off debt and own houses free and clear




Wealth and Homeownership


Book Description

In almost every country, wealth is predominantly constituted by housing equity, but what are the possible risks and how does wealth accumulation vary across countries? In this timely book, Rossi and Sierminska analyse the complex relationship between gender, wealth and homeownership. By providing a conceptual framework to insert homeownership and housing decisions within an economic rationale, the authors explore how gender and family types have shaped wealth accumulation and homeownership.




Families, Housing and Property Wealth in a Neoliberal World


Book Description

The twenty-first century has so far been characterized by ongoing realignments in the organization of the economy around housing and real estate. Markets have boomed and bust and boomed again with residential property increasingly a focus of wealth accumulation practices. While analyses have largely focussed on global flows of capital and large institutions, families have served as critical actors. Housing properties are family goods that shape how members interact, organise themselves, and deal with the vicissitudes of everyday economic life. Families have, moreover, increasingly mobilized around their homes as assets, aligning household transitions and practices towards the accumulation of property wealth. The capacities of different families to realise this, however, are highly uneven with housing conditions becoming increasingly central to growing inequalities and processes of social stratification. This book addresses changing relationships between families and their homes over the latest period of neo-liberalization. The book confronts how transformations in households, life-course transitions, kinship and intergenerational relations shape, and are being shaped by, the shifting role of property markets in social and economic processes. The chapters explore this in terms of different aspects of home, family life and socioeconomic change across varied national contexts.




Analyzing the Effects of Financial and Housing Wealth on Consumption using Micro Data


Book Description

This paper analyzes the existence of “wealth effects” derived from net equity (in the form of housing, financial assets, and total net worth) on consumption. The study uses longitudinal household-level data?from the Panel Study of Income Dynamics (PSID) ?covering about 7,000-9,000 households in the U.S., with the estimations carried over the period 1999-2017. Overall, wealth effects are found to be relatively large and significant for housing wealth, but less so for other types of wealth, including stocks. Furthermore, the analysis shows how these estimated marginal propensities to consume (MPC) from wealth are closely linked to household characteristics, including income and demographic factors. Finally, underlying structural changes in household characteristics point to potentially lower aggregate MPCs from wealth going forward.







Fertility and Public Policy


Book Description

Experts discuss the appropriateness and effectiveness using public policy to influence fertility decisions. In 2050, world population growth is predicted to come almost to a halt. Shortly thereafter it may well start to shrink. A major reason behind this shift is the fertility decline that has taken place in many developed countries. In this book, experts discuss the appropriateness and effectiveness of using public policy to influence fertility decisions. Contributors discuss the general feasibility of public interventions in the area of fertility, analyze fertility patterns and policy design in such countries as Japan, South Korea, China, Sweden, and France, and offer theoretical analyses of parental fertility choices that provide an overview of a broad array of child-related policy instruments in a number of OECD and EU countries. The chapters show that it is difficult to gauge the effectiveness of such policy interventions as child-care subsidies, support for women's labor-force participation, and tax incentives. Data are often incomplete, causal relations unproved, and the role of social norms and culture difficult to account for. Investigating reasons for the decline in fertility more closely will require further study. This volume offers the latest work on this increasingly important subject.




Housing Wealth and Welfare


Book Description

Both growth and unevenness in the distribution of housing wealth have become characteristic of advanced societies in recent decades. Housing Wealth and Welfare examines, in various contexts, how housing property ownership has become central both to household wellbeing and to the reshaping of social, economic and political relations.




Housing Careers, Intergenerational Support and Family Relations


Book Description

In this comprehensive volume, authors from across the social sciences explore how housing wealth transfers have impacted the integration of families, society and the economy, with a focus on the (re)negotiation of the ‘generational contract’. While housing has always been central to the realization and reproduction of families, more recently, the mutual embedding of home and family has become more obvious as realignments in housing markets, employment and welfare states have worked together to undermine housing access for new households, enhancing intergenerational interdependencies. More families have thus become involved in smoothening the routes of younger adult members into and up the ‘housing ladder’. While intergenerational support appears to have become much more widespread, it remains highly differentiated across countries, cities and regions, as well as uneven between social and income classes. This book addresses the increasing role that family support, and intergenerational transfers in particular, are playing in sustaining the formation of new households and the transition of young adults towards social and economic autonomy. The authors draw on diverse international cases and a variety of methodologies in order to advance our understanding of housing as a key driver of contemporary social relations and inequalities. Chapters 1, 4, 6, 7, 8, and 9 of this book are freely available as downloadable Open Access PDFs at https://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license (Chapters 1, 6, 8, and 9) and a Creative Commons Attribution (CC-BY) 4.0 license (Chapters 4 and 7).