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The financialisation of housing and housing-related family support in Hungary
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Book cover (2023)
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Budapest : Akadémiai Kiadó, 2023
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KOVÁTS, Bence, The financialisation of housing and housing-related family support in Hungary, Budapest : Akadémiai Kiadó, 2023 - https://hdl.handle.net/1814/75811
Abstract
Financial markets are making an ever larger impact on young adults’ access to housing worldwide. At the same time, housing-related family assistance also shapes young people’s housing conditions. Bence Kováts’s The Financialisation of Housing and Housing-related Family Support in Hungary examines how housing-related family assistance deeply embedded in Hungarian society transformed under the process of the rapid marketisation of housing following regime change in 1989. The historically informed analysis of a large variety of statistical data provides an intriguing insight into the transformation of family-assisted housing acquisition from the alternative of market and state-assisted housing access, available to wide strata of the population, into a market-driven process highly dependent on parental wealth. The book is a highly informative read not only for academic researchers, but also students and policy-makers looking to understand the processes fundamentally transforming housing prospects of the younger generations.
Table of Contents
1. Introduction --
2. Theoretical foundations --
3. The global rise of parental support in housing: trends and determinants --
4. Housing-related family support in Hungary --
5. Hypotheses, data and methods --
6. Trends and determinants of parental support after the regime change --
7. Conclusion --
8. References --
9. Appendix: Regression tables of determinants of housing-related intergenerational support of young adults