‘Generation Rent’ and Intergenerational Relations in The Era of Housing Financialisation

Q2 Social Sciences

Critical Housing Analysis Pub Date : 2018-12-01 DOI:10.13060/23362839.2018.5.2.439

R. Ronald

引用次数: 23

Abstract

Homeownership has been in decline in a number of developed societies since the early 2000s driven, primarily, by declining entry among younger households who have been increasingly pushed into the rental sector. This trend has been associated with a growing intergenerational divide, or even conflict, and the emergence of ‘Generation Rent’. This paper explores the conditions surrounding diminishing access to owner-occupation among new households with a focus on the historic maturation of homeownership sectors, the restructuring of the political economy (financialization) around housing wealth and the inter-cohort dynamics surrounding the accumulation and transfer of housing wealth. The paper takes an international perspective drawing on evidence from two parallel, but contrasting cases: Japan and the UK. The analysis illustrates the interrelatedness of inter- and intra-generational inequalities, with the former reinforcing the latter. It also focuses on the role of families as both a moderator of generational inequity at the micro level as well as an enhancer of socioeconomic inequalities overall.

查看原文本刊更多论文

“代际租金”与住房金融化时代的代际关系

自21世纪初以来，许多发达社会的住房所有权一直在下降，主要是由于越来越多的年轻家庭进入租赁行业的机会减少。这一趋势与日益加剧的代际鸿沟甚至冲突以及“世代租金”的出现有关。本文探讨了新家庭自住机会减少的情况，重点关注住房拥有部门的历史成熟、围绕住房财富的政治经济重组（金融化）以及围绕住房财富积累和转移的群体间动态。本文从国际角度出发，借鉴了日本和英国这两个平行但对比鲜明的案例的证据。分析表明了代际和代际不平等的相互关联性，前者强化了后者。它还侧重于家庭在微观层面上既是代际不平等的调节者，也是整体社会经济不平等的加剧者。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Critical Housing Analysis Social Sciences-Sociology and Political Science

CiteScore

2.70

自引率

0.00%

发文量

期刊介绍： Critical Housing Analysis is a peer-reviewed academic journal focusing on critical and innovative housing research. The journal was launched in January 2014 and publishes two online issues annually. Critical Housing Analysis is published by the Institute of Sociology of the Czech Academy of Sciences. Critical Housing Analysis aims to provide on-line discussion space for researchers who come up with innovative, critical and challenging ideas and approaches in housing-related research. The unique function of this journal is to facilitate rapid feedback on critical and innovative ideas and methods developed by housing researchers around the world. We are especially keen to publish papers that provide: 1.Innovations in methods, theories and practices used in housing-related research. We especially welcome papers applying original research strategies (such as, mixed and interdisciplinary methods) and international comparisons with a strong sense for contextual and institutional differences. Papers should provide new and fresh research perspectives allowing a deeper understanding of housing markets, policies and systems. Innovations need to be justified but they could be “work in progress”, i.e. their findings may not yet have been fully verified. 2.Critiques of assumptions, methods and theories used in housing-related research. Such critical evaluations must be well-founded (empirically or by consistently logical argument) and convincing. However, there is no particular need to provide a solution to the problems that have been identified. 3.Critiques of applied housing practices and policies in particular cultural and institutional contexts, especially for those countries that are less represented in mainstream housing policy discourse. The critical assessment of policies must be analytical, should propose new perspectives and lead to wider policy implications.