Author
Name: Caroline Dewilde Organisation: Tilburg University, Netherlands Position: Associate Professor |
Exploring Young Europeans’ Homeownership Opportunities
Even before the 2008/9-crisis but certainly afterwards, trends in labour, housing and mortgage markets combined with welfare reform, making it more difficult for each new cohort of young Europeans (25-34) to complete the transition to ‘residential independence’, particularly to become a homeowner. This paper explores ‘trends in homeownership opportunities’, using data from EU-SILC (2005-2018). It takes a broader perspective by exploring trends in its social selectivity, as well as changes in the ‘attributes’ of homeownership over time. Young adults’ homeownership opportunities have declined almost everywhere in Europe, but to varying extents. Furthermore, a more socially selective group of young homeowners seems to be entering properties of lower quality in locations with fewer services. Deteriorating homeownership opportunities are strongly associated with mortgage lending restrictions, indicating that trends in housing and broader financial markets/policies are important explanatory factors. I also find indications that the transition to homeownership is being pushed beyond the commonly-used age-threshold of 34 years.
What Have ECHP and EU-SILC to Contribute to the Comparative Study of Housing?
This paper discusses the strengths and weaknesses of pan-European datasets, in particular ECHP and EU-SILC, for research in housing. Although ‘housing’ is a complex topic when studied from a European comparative perspective, I argue that there is no inherent reason why housing should be less amenable to cross-national research than other equally complex topics in comparative social science research, such as research into family change and stability, or the impact of educational systems on social stratification. Given appropriate theory, conceptualisation and contextualisation, along with strong methodologies, meaningful and informative research in housing with ECHP and EU-SILC are possible. There are however a number of limitations, which are mainly related to the fact that both datasets are geared towards the ‘production’ of a ‘system of social indicators’ informing European and national governments. Because of these limitations, ECHP and in particular EU-SILC are less attractive and less useful for academic research then they could potentially be.
