Estimating the Housing Wealth of Older Home Owners in Britain

Bibliographic Data

ID11484228
AuthorsRuth Hancock (University of Leicester, corresponding author)
Year2000
Volume15
Issue4
Pages561-579
Publication date2000-07-01
Open AccessNo
TypeARTICLE
VenueHousing Studies (JOURNAL)
Journal identifiersISSN: 0267-3037 • E-ISSN: 1466-1810
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/02673030050081104
OpenAlexW1965131699
LanguageEN
References cited13

Household surveys have recently started to collect data on the original purchase price of owner occupiers' homes. This provides a firmer basis for investigating the joint distribution of housing wealth, income and other personal characteristics than has hitherto existed. However, a number of difficulties arise which are discussed in this paper. A method is presented and validated, developed in the course of assessing the housing wealth of older home owners, for dealing with the specific problems associated with those who purchased their properties at discounted prices, whether through the Right to Buy or other routes. The method is based on data from the British Household Panel Survey, and subsequently applied to the UK Family Expenditure Survey to explore the housing wealth of older people. It also yields estimates of housing equity for younger people and can be implemented with other similar surveys

Actuarial science · British Household Panel Survey · Business · Demographic economics · Distribution (mathematics · Economics · Equity (law · Home equity · Inequality · Labour economics · Older people · Political science · Public economics · Survey data collection · Wealth distribution · Housing Market and Economics · Housing, Finance, and Neoliberalism · Urban, Neighborhood, and Segregation Studies · Gerontology

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