Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 49-65 |
| Number of pages | 17 |
| Journal | Housing Studies |
| Volume | 34 |
| Issue number | 1 |
| Early online date | 19 Feb 2018 |
| DOIs | |
| Publication status | Published - 2019 |
Fingerprint
Bibliographical note
“This is an Accepted Manuscript of an article published by Taylor & Francis in Housing Studies on [date of publication], available online: http://www.tandfonline.com/10.1080/02673037.2018.1432754.”Keywords
- private rented housing
- Housing tenure
- Housing choice
- Great Britain
Cite this
Changes in transitions from private renting to homeownership in the context of rapidly rising house prices. / Sissons, Paul; Houston, Donald.
In: Housing Studies, Vol. 34, No. 1, 2019, p. 49-65.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Changes in transitions from private renting to homeownership in the context of rapidly rising house prices
AU - Sissons, Paul
AU - Houston, Donald
N1 - “This is an Accepted Manuscript of an article published by Taylor & Francis in Housing Studies on [date of publication], available online: http://www.tandfonline.com/10.1080/02673037.2018.1432754.”
PY - 2019
Y1 - 2019
N2 - A period associated with the emergence of the current housing crisis in Britain provides a testbed in which to investigate household tenure choice in the context of rapidly rising house prices. We compile a bespoke dataset combining data from the British Household Panel Survey and sources of local and national housing and mortgage market information covering the period 1994-2008. During this period, we observe three key changes in behaviour associated with the emergence of the housing crisis: i) increasing acceptance of long-term renting; ii) the emergence of local house prices as a factor inhibiting entry to homeownership at district level; and iii) the cessation of moving to a lower cost district as a strategy to enter homeownership. We interpret these findings as some private tenants reducing their aspiration for homeownership, and those seeking entry to homeownership shifting strategy from moving to cheaper districts in favour of staying put and saving.
AB - A period associated with the emergence of the current housing crisis in Britain provides a testbed in which to investigate household tenure choice in the context of rapidly rising house prices. We compile a bespoke dataset combining data from the British Household Panel Survey and sources of local and national housing and mortgage market information covering the period 1994-2008. During this period, we observe three key changes in behaviour associated with the emergence of the housing crisis: i) increasing acceptance of long-term renting; ii) the emergence of local house prices as a factor inhibiting entry to homeownership at district level; and iii) the cessation of moving to a lower cost district as a strategy to enter homeownership. We interpret these findings as some private tenants reducing their aspiration for homeownership, and those seeking entry to homeownership shifting strategy from moving to cheaper districts in favour of staying put and saving.
KW - private rented housing
KW - Housing tenure
KW - Housing choice
KW - Great Britain
UR - http://www.scopus.com/inward/record.url?scp=85042231870&partnerID=8YFLogxK
U2 - 10.1080/02673037.2018.1432754
DO - 10.1080/02673037.2018.1432754
M3 - Article
VL - 34
SP - 49
EP - 65
JO - Housing Studies
JF - Housing Studies
SN - 0267-3037
IS - 1
ER -