Families, Housing and Property Wealth in a Neoliberal World.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68378025%3A_____%2F23%3A00604608" target="_blank" >RIV/68378025:_____/23:00604608 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.4324/9781003092117-4" target="_blank" >http://dx.doi.org/10.4324/9781003092117-4</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.4324/9781003092117-4" target="_blank" >10.4324/9781003092117-4</a>
Alternative languages
Result language
angličtina
Original language name
Families, Housing and Property Wealth in a Neoliberal World.
Original language description
Post-socialist countries introduced significant reforms in their housing systems and these included property restitution, privatisation, and housing subsidy cuts. Housing privatisation served as the main catalyst for the sharp increase in the outright homeownership rate that became a characteristic feature of post-socialist countries. The retreat of the state was not offset by the development of the institutions or cultures that fully financialised housing markets require. Debt-free homeownership created a gap in housing welfare that was filled by households in the form of intergenerational assistance and self-built housing. Our chapter will demonstrate how tenure preferences have changed since 1990 and how a new tenure norm that deems homeownership the superior form of housing tenure was established in the Czech Republic. Using survey data we will show that intergenerational within-family financial (wealth) transfers represent the main mechanism in the reproduction of homeownership in Czech society. The provision of a transfer or the lack of one largely determines the housing tenure of Czech young adults. We will also show the significance of the motive of indirect reciprocity in intergenerational transfer behaviour, i.e. that the probability of an adult child receiving a transfer is closely linked to the fact of whether the parents also received a transfer from their parents in the past. Finally, we will analyse the consequences that the current housing system based on outright homeownership and intergenerational financial transfers fuelled by the motive of indirect reciprocity have had on the trends in housing wealth inequalities between 2010 and 2016 in the Czech Republic.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
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OECD FORD branch
50401 - Sociology
Result continuities
Project
<a href="/en/project/GA19-07402S" target="_blank" >GA19-07402S: Housing Careers of Millennials: Increasing Tension between Homeownership Normalization and Urban Housing Affordability Crisis in CR</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Families, Housing and Property Wealth in a Neoliberal World
ISBN
978-0-367-55130-8
Number of pages of the result
20
Pages from-to
72-91
Number of pages of the book
206
Publisher name
Routledge
Place of publication
Abingdon, New York
UT code for WoS chapter
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