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The Impact of Housing Inheritance on the Distribution of Wealth in Australia

Bibliographic Data

ID6234602
AuthorsLisel O’dwyer (corresponding author), Lisel A O''Dwyer, Lisel A O'Dwyer
Year2001
Volume36
Issue1
Pages83-100
Publication date2001-03-01
Open AccessNo
TypeARTICLE
VenueAustralian Journal of Political Science (JOURNAL)
Journal identifiersISSN: 1036-1146 • E-ISSN: 1363-030X
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/10361140020032205
OpenAlexW2106738817
LanguageEN
Citations received6
References cited16

Home ownership has enabled most Australian households to accumulate significant wealth. Does the transfer of this wealth via inheritance offer a significant capital gain to beneficiaries and how does it influence the distribution of wealth? Data are presented showing the value of wealth at death before and after it is divided amongst beneficiaries. Particular attention is paid to how wealth varies between various categories of wealth-holders, before considering the role of housing in wealth at death and the value of the wealth inherited by beneficiaries. The timing and composition of inherited wealth is an important factor in its impact. However, it is concluded that inherited wealth has little effect on the distribution of wealth in society although it may have significant influences on the life-course of some individuals

Biology · Capital (architecture · Demographic economics · Distribution (mathematics · Distribution of wealth · Economics · Geography · Inequality · Inheritance (genetic algorithm · Labour economics · National wealth · Value (mathematics · Wealth distribution · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Housing, Finance, and Neoliberalism · Finance

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    David C Thorns•Housing Studies•1994

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Citations per year0.33
Citation span2008 - 2021 (14)
Highly citedNo

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