The political consequences of housing (un)affordability
The enormous growth in house prices in Europe since the 1990s has led to increasing concerns about the affordability of housing for ordinary citizens. This paper explores the relationship between housing affordability - house prices relative to incomes - and the demand for redistributive and housing...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
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SAGE Publications
2021
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author | Cansunar, A Ansell, B |
author_facet | Cansunar, A Ansell, B |
author_sort | Cansunar, A |
collection | OXFORD |
description | The enormous growth in house prices in Europe since the 1990s has led to increasing
concerns about the affordability of housing for ordinary citizens. This paper explores
the relationship between housing affordability - house prices relative to incomes - and
the demand for redistributive and housing policy, using data drawn from European and
British social surveys and an analysis of British elections. It shows that, as unaffordability rises, citizens appear in aggregate to become less supportive of redistribution, interventionist housing policy, and left-wing parties. However, this aggregate rise, driven
by the predominance of homeowners in most European countries, masks a growing
polarization in preferences between renters and owners in less affordable regions. |
first_indexed | 2024-03-06T23:14:20Z |
format | Journal article |
id | oxford-uuid:66979c2e-b29e-4b03-83ad-e3dd5af6ba1c |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T23:14:20Z |
publishDate | 2021 |
publisher | SAGE Publications |
record_format | dspace |
spelling | oxford-uuid:66979c2e-b29e-4b03-83ad-e3dd5af6ba1c2022-03-26T18:32:57ZThe political consequences of housing (un)affordabilityJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:66979c2e-b29e-4b03-83ad-e3dd5af6ba1cEnglishSymplectic ElementsSAGE Publications2021Cansunar, AAnsell, BThe enormous growth in house prices in Europe since the 1990s has led to increasing concerns about the affordability of housing for ordinary citizens. This paper explores the relationship between housing affordability - house prices relative to incomes - and the demand for redistributive and housing policy, using data drawn from European and British social surveys and an analysis of British elections. It shows that, as unaffordability rises, citizens appear in aggregate to become less supportive of redistribution, interventionist housing policy, and left-wing parties. However, this aggregate rise, driven by the predominance of homeowners in most European countries, masks a growing polarization in preferences between renters and owners in less affordable regions. |
spellingShingle | Cansunar, A Ansell, B The political consequences of housing (un)affordability |
title | The political consequences of housing (un)affordability |
title_full | The political consequences of housing (un)affordability |
title_fullStr | The political consequences of housing (un)affordability |
title_full_unstemmed | The political consequences of housing (un)affordability |
title_short | The political consequences of housing (un)affordability |
title_sort | political consequences of housing un affordability |
work_keys_str_mv | AT cansunara thepoliticalconsequencesofhousingunaffordability AT ansellb thepoliticalconsequencesofhousingunaffordability AT cansunara politicalconsequencesofhousingunaffordability AT ansellb politicalconsequencesofhousingunaffordability |