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Demographic Change and Housing Wealth: - Home-owners, Pensions and Asset-based Welfare in Europe (Paperback)
Loot Price: R3,510
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Demographic Change and Housing Wealth: - Home-owners, Pensions and Asset-based Welfare in Europe (Paperback)
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Across the EU, populations are shrinking and ageing. An increasing
burden is being placed on a smaller working population to generate
the taxes required for pensions and care costs. Welfare states are
weakening in many countries and across Europe, households are being
increasingly expected to plan for their retirement and future care
needs within this risky environment. At the same time, the
proportion of people buying their own home in most countries has
risen, so that some two-thirds of European households now own their
homes. Housing equity now considerably exceeds total European GDP.
This book discusses questions like: to what extent might home
ownership provide a potential cure for some of the consequences of
ageing populations by realizing housing equity in order to meet the
consumption needs of older people? What does this mean for patterns
of inheritance and longer-term inequalities across Europe? And to
what extent are governments banking on their citizens utilising
their housing wealth now and in the future?
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