From rags to riches? Migration and intergenerational change in London's housing market, 1971-91

Abstract

Summary In 1971 under half of London's young people, then living with their parents, lived in households that owned their homes, while well over half lived in rented housing. By 1991, now no longer living with their parents, less than a quarter of these young people were tenants. This paper identifies the components of that intergenerational tenure mobility, distinguishing between home ownership in more, and less, ‘desirable’ wards, and quantifies the role of migration in mediating the overall changes in Londoner's housing market status between 1971 and 1991. It analyses the moderating factors contributing to housing status mobility, such as labour market mobility and household type, and assesses the differential impact of these processes on men and women. ONS Longitudinal Study data for the period 1971–91 are analysed. Findings are that the aggregate changes concealed a range of housing careers. In particular, in-migrants fared less well in the London housing market than in its labour market.