Family dynamics and first-time homeownership

Abstract

Workshop 2. Session B. Abstract. In this paper, we address the transition to first-time homeownership. We use the occurrence of household events such as cohabitation, marriage and getting children, as well as homeownership of the parents as the main explanatory factors. Using the first wave of the Netherlands Kinship Panel Study and event history analysis techniques including interaction effects with calendar year, we investigate how the effects of household events and the intergenerational transmission of homeownership have changed during the past few decades. The results show that singles and cohabiters have become more likely to make the transition to homeownership, whereas the effects of intergenerational transmission and the differences between married couples with children and cohabiting couples with children have not changed markedly.