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作者

William A.V. Clark

来源

HOUSING THEORY & SOCIETY,Vol.36,Issue2

语言

英文

关键字

作者单位

Department of Geography, University of California, Los Angeles, CA, USA

摘要

In the context of rising housing costs, volatile housing markets and changing family structures, I examine the transition to ownership of young adults, and specifically the ownership paths of the Millennial generation. I examine the cohort ownership trajectories within the United States, between 2000 and 2015, and by region and race/ethnicity. The cohort transitions capture the strongly regional and ethnic outcomes of entry to ownership, and the effects of the financial crisis. All groups have much lower rates of ownership entry than earlier cohorts. There is likely to be an adjustment of the path to ownership in the long run and the current outcomes provide evidence that those trajectories will vary by region and race. It does appear that the changing trajectory of access will contribute further to the already growing inequality in cities.