
Inheritocracy: The lasting generational advantages of home ownership
The Economy, Stupid
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Homeownership, Financial Assistance, and Inter-generational Wealth
This chapter explores the relationship between home ownership and financial stability, highlighting the role of property ownership in assisting others to enter the property market. It discusses how owning property enables parents to support their children and how the practice of financial assistance for home ownership is passed down through generations. The chapter also examines the impact of home ownership on social class division and the perpetuation of inherited wealth.
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