The role of family help in the housing decisions of young-people

TLDR: This paper found that only 12% of a sample of young people had received financial help for housing purposes since they had left home, less than found in previous studies with different samples The amounts involved were less than young people believed their parents could afford The role of inheritance was also found to be minor.

Abstract: Recent debates about flows of help within the family have indicated considerable diversity according to the type of help (money, services), and ages and gender of those involved, and have shown that values are only a partial guide to the scale of such flows This paper focuses on a particular occasion for help, young people's housing, and a particular region, South-East England, where one would expect family financial help to be high given the capacity to help of older generations (due to higher average incomes and wealth) and the affordability problems faced by young people It is shown that contrary to hypothesis only 12% of a sample of young people had received financial help for housing purposes since they had left home, less than found in previous studies with different samples The amounts involved were less than young people believed their parents could afford The role of inheritance was also found to be minor The results from the different studies are explained as due to changes in the housing market, changing values regarding financial help and differences among the samples Intensive re-interviews with three households from very different backgrounds are used to show the different ways in which family help operates