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"The twenty-first century has so far been characterized by ongoing realignments in the organization of the economy around housing and real estate. Markets have boomed and bust and boomed again with residential property increasingly a focus of wealth accumulation practices. While analyses have largely focussed on global flows of capital and large institutions, families have served as critical actors. Housing properties are family goods that shape how members interact, organise themselves, and deal with the vicissitudes of everyday economic life. Families have, moreover, increasingly mobilized around their homes as assets, aligning household transitions and practices towards the accumulation of property wealth. The capacities of different families to realise this, however, are highly uneven with housing conditions becoming increasingly central to growing inequalities and processes of social stratification. This book addresses changing relationships between families and their homes over the latest period of neo-liberalization. The book confronts how transformations in households, life-course transitions, kinship and intergenerational relations shape, and are being shaped by, the shifting role of property markets in social and economic processes. The chapters explore this in terms of different aspects of home, family life and socioeconomic change across varied national contexts"--

In the late 20th century, homeownership became entrenched in a wider societal project that sought to transform the economy and increase social inclusion. This project focused on mortgaged owner-occupation as a means not only to acquire a stable home, but also to realise greater economic security via asset accumulation. The underlying ideology featured an implicit promise that homeownership would be widespread, equalising and secure. Despite transformations in market conditions, such narratives have continued to underscore policy approaches and housing marketisation. This article directly confronts this promise. It first unpacks its key tenets before investigating their currency across three classic 'homeowner societies': the US, the UK and Australia. Our empirical findings reveal declining access to homeownership, increasing inequalities in concentrations of housing wealth and intensifying house-price volatility undermining asset security. The article contends that the imperative of homeownership that has sustained housing policy since the 1970s may be increasingly considered a 'false promise'. Our analyses expose contemporary housing market dynamics that instead appear to enhance inequality and insecurity.

Returns to the parental home represent a dramatic housing career interruption that can have significant social and economic implications. Interaction of individual characteristics with turning point shocks, such as unemployment or partnership dissolution, are key triggering events; however, housing disruptions are further embedded within variegated social, cultural and institutional contexts. Fundamental is the nature of the welfare regime, explaining norms surrounding co-residence as well as the amount and type of resources available. Through analyses using the Eurostat Longitudinal Survey on Income and Living Conditions, the research establishes a foundational understanding of how factors at both the individual as well as institutional and socio-cultural level moderate young adults' housing interruptions across Europe. The results showed a significant welfare regime effect in outcomes of returned co-residence as well as evidence of differentiations across regimes in how individual characteristics and the experience of turning points related to returns. Higher return propensities were found among more familialistic contexts of Southern Europe and New Member States, while lower likelihoods were evident in the face of stronger state support and practices of earlier autonomy in Social Democratic and, to a lesser degree, intermediate Conservative regime contexts.

Urban policy has increasingly emphasized the compact city and higher density urban forms in reaching sustainability goals. Although environmental and economic advantages of densification have been empirically supported, the relation between higher density environments and social sustainability has been more contentious. Concerns have been raised regarding the social outcomes of high-density urban contexts; however, these connections have neither been well explored nor understood. Using the city of Amsterdam, considered a case of high-quality compact city form, our study looks at how specific neighbourhood built form relates to key measures of sustainability of community. Despite previous concerns regarding the effects of density, the study reveals that higher densities have no significant impact on local social capital, sense of community or resident satisfaction. Rather, other built-form measures such as scale, existence of local stores, degree of automobile dominance and construction period were of greater importance. The study of high-quality urban environments in Amsterdam challenges notions that higher densities are detrimental to social and community experience and proposes that the specific urban form of higher density neighbourhoods is of greater importance than absolute density.

AbstractAcross countries, mounting housing pressures contribute to a growing number of young adults living in the parental home. Patterns at the micro‐level and cross‐nationally are well charted, but less is known about intra‐country differences. Drawing on the case of the Netherlands, we use full‐population register data to examine co‐residence patterns of 25–34‐year‐olds for the 2005–2020 period. Through descriptive, GIS and multivariate analyses, we explain patterns in co‐residence according to income, across space and over time. Results reveal substantial spatial differences in patterns of co‐residence and rates of growth, with the strongest increases in the largest cities and directly adjacent regions. Patterns are most pronounced and intensified for low‐income young adults, who increasingly struggle to realise residential independence in and around economic pull regions and high‐priced urban areas. These findings point to increasing socio‐spatial inequalities in co‐residence, contributing to literature on the interaction between class and space.

Many countries have seen a remarkable revival of private-rental housing markets in recent years. Academic literature so far has focused on theorizing the political-economic drivers of reinvestment in the tenure or on charting aggregate trends. This paper adds to these literatures in several ways based on a fine-grained analysis of housing market transformations in Groningen, a medium-sized university city in The Netherlands. First, we reveal the variegated trajectories through which private-rental growth materializes on the ground and untangle the role of different types of landlords. While small-scale private landlords remain dominant, we find a clear and important trend toward property concentration. Second, we highlight variations in spatial investment strategies across landlord types. Third, we reveal how contemporary dynamics of increased landlordism play out in a medium-sized city, embedded in a context of national private rental resurgence and local housing market pressures of a growing student city.

Housing wealth is central to structuring inequalities across societies. Processes of financialization have intensified the speculative nature of housing, while labour and welfare restructuring increase the importance of property wealth towards economic security. Housing, however, represents an exceptional asset given its inherently spatial nature and buy-in barriers. This implies that not only access to homeownership but where households enter the housing market is central to wealth trajectories. Spatial inequality in housing trends thus fundamentally structures wealth dynamics. While some scholarship has posited increasing housing market spatial polarization, there remains a lack of empirical evidence. This research turns to the context of Spain, to directly assess spatial polarization in housing value accumulation. Employing an innovative dataset at a detailed geographic scale, the analyses reveal strong increases in polarization across the national territory over the past decade. Strikingly, these dynamics appear resistant to major upheavals, including the post-GFC crash and Covid-19 impacts, and are robust across scales. The analyses reveal that more expensive areas saw greater absolute gains and higher rates of appreciation. The findings expose a structural intensification of spatial polarization and provide crucial empirical evidence of how the housing market acts in amplifying inequality through the spatial sorting of wealth accumulation.