Moving Out of Home Ownership in Later Life: The Influence of the Family and Housing Careers

Abstract

Home ownership is often regarded as the preferred housing tenure; however, situations in parallel life-course careers might make moving to a rental home necessary or attractive to home owners. Retrospective data from the SHARELIFE survey were used to study the short- and long-term impact of situations and disruptions in the family and housing careers on leaving home ownership at middle (45–64) and older ages (65–80) in Denmark, Sweden and the Netherlands. We found that directly after separation and widowhood, the likelihood of leaving home ownership was the greatest. However, more than 10 years after separation and widowhood, individuals were still significantly more likely to leave ownership than those in their first marriage. Furthermore, late first childbirth and early first-time home ownership were associated with lower chances of leaving home ownership. We conclude that situations and changes in family and housing careers have both a short-term and a long-term impact on the likelihood of moving out of home ownership.