Intergenerational transmission of homeownership decisions in Spain

Morales, Marina (2019): Intergenerational transmission of homeownership decisions in Spain.

Abstract

The aim of this paper is to analyze whether parent’s decision about owning one’s own dwelling may be an important determinant of the future homeownership decisions of their children in Spain. To address this issue, we use data from the Survey of Living Conditions (2011). Our results confirm the intergenerational transmission of homeownership in Spain, in such a way that the probability that the respondent own their home is determined, although not exclusively, by their parent’s homeownership decision during their teenage years.

• Item Type: MPRA Paper
• Language: English
• Keywords: Homeownership, Intergenerational transmission, Spain
• Subjects: D - Microeconomics > D1 - Household Behavior and Family Economics > D12 - Consumer Economics: Empirical Analysis; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R2 - Household Analysis > R21 - Housing Demand; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification

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