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Social Capital, Financial Support and Housing for Immigrants in the UK

Yi Wu and Kusum Mundra

ERES from European Real Estate Society (ERES)

Abstract: Immigrant homeownership is an important factor for immigrant’s integration and assimilation for any large immigrant receiving country and there is increasing evidence on the role of social capital on housing outcomes as well as other financial well-being of immigrant groups. This paper uses detail and rich UK data from the Household Longitudinal Study (UKLS) to first, measure social capital in various dimensions using rich micro level data from the UK and then further identify the channels through which networks operate for immigrant groups and the strength of these networks. Second, this paper looks at what is the role of social capital on immigrant homeownership in the UK. We found that immigrants weak ties, proportion of close friends, plays strong role in financial support for the immigrants.

Keywords: Financial help; Homeownership; Social Capital; UK immigrants (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024-01-01
New Economics Papers: this item is included in nep-fle, nep-mig, nep-soc and nep-ure
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