Economics at your fingertips  

Housing older Australians: Loss of homeownership and pathways into housing assistance

Rachel Ong, Gavin Wood and Val Colic-Peisker
Additional contact information
Rachel Ong: Bankwest Curtin Economics Centre, Curtin University, Australia
Val Colic-Peisker: School of Global, Urban and Social Studies, RMIT University, Australia

Authors registered in the RePEc Author Service: Rachel Ong ViforJ ()

Urban Studies, 2015, vol. 52, issue 16, 2979-3000

Abstract: In Australia and other ‘homeownership societies’ it has been conventional to think of housing pathways in terms of a smooth linear progression, leading to outright ownership in middle age and a retirement buffered by low housing costs. This vision of the welfare role of homeownership is an important buttress of Australian retirement incomes policy. However, this vision has been challenged in recent years as growing numbers of older Australians lose home ownership and consequently transition onto housing assistance programmes. Using Household, Income and Labour Dynamics in Australia (HILDA) survey data we analyse pathways into housing assistance. A transition model is estimated that specifies older Australians’ pathway to housing assistance status as a function of key socioeconomic and demographic determinants such as wealth and debt, health, marital status, tenure and employment history programmes. We find that those losing home ownership have a higher chance of becoming users of housing assistance programmes than similarly positioned longer-term renters, a result that is particularly evident among ex-owners that are exposed to adverse biographical events. The theoretical implications of our findings for the scholarship on housing pathways are discussed.

Keywords: Australia; homeownership; housing assistance; housing pathways; older people (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1177/0042098014550955

Access Statistics for this article

More articles in Urban Studies from Urban Studies Journal Limited
Bibliographic data for series maintained by SAGE Publications ().

Page updated 2023-03-26
Handle: RePEc:sae:urbstu:v:52:y:2015:i:16:p:2979-3000