Publication

Inter-generational ties, financial transfers and home-ownership support

Mulder, C. H. & Smits, A. W. M., Mar-2013, In : Journal of Housing and the Built Environment. 28, 1, p. 95-112 18 p.

Research output: Contribution to journalArticleAcademicpeer-review

Home-ownership is transmitted between generations. Parental gifts form one of the mechanisms through which the intergenerational transmission of home-ownership takes place. Using the Netherlands Kinship Panel Study, we investigated the influence of parental and children's resources and other characteristics on financial support from parents to children. A major independent variable was parental home-ownership. As dependent variables, we distinguished between financial support towards buying a home, and financial support in the form of gifts of a,not sign 5,000 or more ever received. By making this distinction, we could test whether homeowner parents were particularly likely to help their children become homeowners rather than giving other types of financial help. The results did not indicate such specific gift-giving: parental home-ownership was just as important to other types of monetary support as to home-ownership support. However, the distance to the place where the adult child had grown up was negatively associated with receiving home-ownership support but not with receiving other financial transfers.

Original languageEnglish
Pages (from-to)95-112
Number of pages18
JournalJournal of Housing and the Built Environment
Volume28
Issue number1
Publication statusPublished - Mar-2013

    Keywords

  • Home-ownership, Financial transfers, Family relations, INTER-VIVOS TRANSFERS, ADULT CHILDREN, HOUSING-MARKET, BORROWING CONSTRAINTS, PRIVATE TRANSFERS, FAMILY, PARENTS, HOMEOWNERSHIP, TRANSMISSION, BEHAVIOR

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