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Appears in Collections:Accounting and Finance Journal Articles
Peer Review Status: Refereed
Title: Do Europeans view their Homes as Castles? Home Ownership and Poverty Perception throughout Europe
Author(s): Watson, Duncan
Webb, Robert
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Keywords: Home ownership
Relative poverty
Housing policy
Housing market
Home ownership rates
Mortgage loans
Public assistance programs
Income inequality
Issue Date: 1-Aug-2009
Citation: Watson D & Webb R (2009) Do Europeans view their Homes as Castles? Home Ownership and Poverty Perception throughout Europe. Urban Studies, 46 (9), pp. 1787-1805.
Abstract: The paper investigates the notion that homeownership affects poverty perception. This is investigated by utilising a logit model to analyse various characteristics of homeowners in 11 different European nations. Overall, the analysis fails to reject the notion that homeowners throughout Europe are less likely to perceive themselves as living in poverty, but no evidence is found that homeownership is more valued in nations with high owner-occupancy rates. However, support is found for the notion that homeownership is used as a form of security in countries that experience greater income inequality.
DOI Link: 10.1177/0042098009106020
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