City Research Online

Abstract

This paper examines the changes in housing tenure outcomes for young adults in England that have occurred since the 2000s, using secondary data and findings reported in the existing literature. We highlight the profound changes that have affected young adult housing decisions, ranging from boarder macro-economic conditions, higher education participation, labour market trends, government housing market interventions, mortgage lending practices and innovations. We conclude that the increase in their pathways to achieving housing independence and transitioning into homeownership will continue to persist and in the case of the latter, continued reliance on intergenerational transfers and taking out longer-term mortgages. We expect private renting to become established as permanent housing tenure in the near future. Several other potential implications are identified.

Publication Type:	Monograph (Working Paper)
Additional Information:	© Copyright the authors, 2024
Subjects:	G Geography. Anthropology. Recreation > GF Human ecology. Anthropogeography H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HN Social history and conditions. Social problems. Social reform
Departments:	Bayes Business School Bayes Business School > Finance
SWORD Depositor:	Symplectic Administrator

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