Families, Housing and Property Wealth in a Neoliberal World.

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Families, Housing and Property Wealth in a Neoliberal World.

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Families, Housing and Property Wealth in a Neoliberal World.

Popis výsledku anglicky

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.

Druh

C - Kapitola v odborné knize

CEP obor

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OECD FORD obor

50401 - Sociology

Projekt

<a href="/cs/project/GA19-07402S" target="_blank" >GA19-07402S: Dráhy bydlení miléniálů: Rostoucí napětí mezi normalizací vlastnického bydlení a zhoršující se finanční dostupností bydlení v ČR</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název knihy nebo sborníku

Families, Housing and Property Wealth in a Neoliberal World

ISBN

978-0-367-55130-8

Počet stran výsledku

20

Strana od-do

72-91

Počet stran knihy

206

Název nakladatele

Routledge

Místo vydání

Abingdon, New York

Kód UT WoS kapitoly

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