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The Home, Pension Savings and Risk Aversion: Intentions of the Defined Contribution Pension Plan Participants of a London-based Investment Bank at the Peak of the Bubble.

Abstract:

In the lead-up to the peak of the financial bubble (and before the onset of the global financial crisis), property was regularly promoted as a ready-made alternative to private pensions. This paper explores the importance of owner-occupied housing for the retirement savings strategies of defined contribution (DC) pension plan members. Based upon a unique survey of over 2300 participants in the DC pension scheme of a London-based international bank, an assessment is made of the statistical sig...

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Publisher copy:
10.1177/0042098011410332

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Journal:
Urban Studies
Volume:
49
Issue:
6
Publication date:
2012-05-05
DOI:
URN:
uuid:093eb068-625e-4094-a68b-24c90187602b
Local pid:
oai:economics.ouls.ox.ac.uk:15375
Language:
English

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