Housing Wealth and Inheritance
Housing Wealth and Inheritance
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住房财富与遗产
DOI：
10.1017/s0047279400017001
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发表时间：
1988
影响因子：
2
通讯作者：
M. Munro
中科院分区：
文献类型：
--
作者：
M. Munro
对许多人来说，自置居所是一项重要的财富来源。在过去的20年里，住房的价格涨幅远远超过了大多数其他资产，与此同时，自住住房的数量也急剧增加。本文首先讨论了大众财富持有的增长对整体收入分配的影响，并指出它对除非常富有的人群外的所有群体都非常重要。本文还讨论了住房财富对个人的重要性。尽管住房财富在个人和更广泛的层面上都很重要，但实际上没有证据表明中等财富人群的财富会在几代人之间传递。本文通过分析格拉斯哥房产财富的继承模式来纠正这一问题。有证据表明，自住业主留下的财富通常会传给亲密家庭中的一小部分人。收到的钱可能相当可观，但往往会给同辈或下一代，也就是已经步入中年或老年的人。因此，住房继承不太可能直接传给年轻的首次购房者，而是传给已经有了住房事业的人。
ABSTRACT Owner-occupation is now an important source of wealth for many people. Housing has experienced price appreciation much in excess of most other assets over the last 20 years and, at the same time, owner-occupation has expanded dramatically. This paper first discusses the impact that this growth in popular wealth holding has had on the overall distribution of income and points to its great importance for all groups except the very wealthy. The importance of housing wealth to the individual is also discussed. Despite the importance of housing wealth, both at an individual and at the broader level, there is virtually no evidence on the transmission of wealth between generations for the mass of people with moderate wealth. This paper rectifies this by analysing the patterns of inheritance of housing wealth for a sample of estates in Glasgow. The evidence shows that wealth left by owner-occupiers is typically passed to a very small group in the close family. The amount of money received can be quite substantial, but tends to go to those in the same or the following generation, that is, people already in middle or old age themselves. Thus, housing inheritance is not likely to be passed directly to young, first time buyers, but to people who already have an established housing career.