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The political consequences of housing (un)affordability
[journal article]
Abstract 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 article explores the relationship between housing affordability - house prices relative to incomes - and the demand for redistributive and housi... view more
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 article 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.... view less
Keywords
ISSP; residential behavior; inequality; costs; political economy; redistribution; preference; housing market; housing policy; political impact; Great Britain
Classification
Area Development Planning, Regional Research
Special areas of Departmental Policy
Free Keywords
affordability; ISSP2006; ISSP2009; EU-SILC 2006-2017
Document language
English
Publication Year
2021
Page/Pages
p. 597-613
Journal
Journal of European Social Policy, 31 (2021) 5
DOI
https://doi.org/10.1177/09589287211056171
ISSN
1461-7269
Status
Published Version; peer reviewed