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Centre for Policy on Ageing | |
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| The ageing of the property owning democracy | | Author(s) | Ray Forrest, Philip Leather |
| Journal title | Ageing and Society, vol 18, part 1, January 1998 |
| Pages | pp 35-63 |
| Keywords | Owner occupied dwellings ; Home equity release schemes ; Social policy ; England. |
| Annotation | Existing trends amongst middle-aged households mean that the next two decades will see significant increases in the numbers of home owners in Britain. This paper applies estimates of trends in home ownership amongst older households in England, broken down by age group and household type, to official household projections to derive detailed estimates of the number of older home owners up to the year 2011. Additional data are used to derive estimates of the type and age of dwellings which older home owners will occupy and the amount of unmortgaged equity which they will have available. The paper goes on to discuss the implications of these estimates for a range of policies and academic debates. It concludes that older home owners will face a varied future in the post-Keynesian welfare state, with many pressures to use the wealth tied up in their dwellings to meet welfare needs. |
| Accession Number | CPA-980324208 A |
| Classmark | KEA: WQB: TM2: 82 |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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