- The end of mass homeownership?
- Housing career diversification and inequality in Europe
- Award date
- 20 January 2017
- Number of pages
- Document type
- PhD thesis
- Faculty of Social and Behavioural Sciences (FMG)
- Amsterdam Institute for Social Science Research (AISSR)
The second half of the past century reflected, in many ways, a ‘golden age’ of homeownership across many economies. Strong labour conditions sustaining a broad middle-class alongside socio-political support promoted relatively widespread access to owner-occupation. Past decades of growth further entrenched an optimistic ‘ideology of mass homeownership’ as a widespread and democratic means of shelter and wealth accumulation. This research reveals, however, how contemporary housing careers are increasingly structured by growing diversification, complexity and inequality. The work exposes both the role of varied socio-cultural and institutional contexts in shaping housing career realignment as well as common trajectories in the face of global forces of labour, housing and state transformations. Rising labour market insecurity, housing financialisation, and reduced state support have not only exacerbated divides but have further only emphasised the importance of one’s position on the housing market. Such realignments in housing careers fundamentally undermine promises of mass homeownership and the democratic nature of housing wealth.
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