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Journal article

The political economy of ownership: housing markets and the welfare state

Abstract:

The major economic story of the last decade has been the surge and collapse of house prices worldwide. Yet political economists have had little to say about how this critical phenomenon affects citizens’ welfare and their demands from government. This article develops a novel theoretical argument linking housing prices to social policy preferences and policy outcomes. I argue that homeowners experiencing house price appreciation will become less supportive of redistribution and social insuran...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1017/S0003055414000045

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Politics & Int Relations
Role:
Author
ORCID:
0000-0001-8371-0507
Publisher:
Cambridge University Press Publisher's website
Journal:
American Political Science Review Journal website
Volume:
108
Issue:
2
Pages:
383-402
Publication date:
2014-05-02
Acceptance date:
2014-05-02
DOI:
EISSN:
1537-5943
ISSN:
0003-0554
Language:
English
Keywords:
Pubs id:
1112250
Local pid:
pubs:1112250
Deposit date:
2020-06-15

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