Cautiously optimistic? : UK households' perceptions of old age, retirement and the role of housing equity

Jones, Anwen (author), Bevan, Mark (author), Quilgars, Deborah (author)

The paper explores UK home owners' expectations of income and care in older age and their views on using housing equity. Findings suggest a lack of confidence in the ability of the state to provide adequate retirement income and care. Most households were confident that they could build sufficient savings and assets to meet their needs. Younger respondents were more willing to consider drawing on housing equity than older people, however, they too were suspicious of equity release products. Overall, people tended to favour downsizing over other options as they wished to retain a property to bequeath to their children.

• Language: English
• Work type: Not categorized
• Typology: 1.01 - Original Scientific Article
• Organization: FDV - Faculty of Social Sciences
• Year: 2010
• Number of pages: Str. 994-1010
• Numbering: Letn. 47, št. 5
• PID: 20.500.12556/RUL-23149
• UDC: 316.334.54-053.88(410)
• ISSN on article: 0040-3598
• COBISS.SI-ID: 29740637
• Publication date in RUL: 11.07.2014

Record is a part of a journal

• Title: Teorija in praksa : revija za družbena vprašanja
• Shortened title: Teor. praksa
• Publisher: Visoka šola za politične vede, Visoka šola za politične vede, Visoka šola za sociologijo, politične vede in novinarstvo, Fakulteta za sociologijo, politične vede in novinarstvo, Fakulteta za družbene vede
• ISSN: 0040-3598
• COBISS.SI-ID: 763652

Secondary language

• Language: Slovenian

Abstract

Prispevek preučuje, kaj britanski lastniki stanovanj pričakujejo glede dohodka in oskrbe v starosti in kako gledajo na uporabo stanovanjskega premoženja. Izsledki nakazujejo pomanjkanje zaupanja v sposobnost države, da bi poskrbela za ustrezen pokojninski dohodek in oskrbo. Člani večine gospodinjstev so prepričani, da bodo lahko zbrali dovolj prihrankov in sredstev, da bodo zadostili svojim potrebam. Mlajši vprašanci so bili bolj pripravljeni pretehtati možnost izkoriščanja stanovanjskega premoženja kot starejši, bili pa so prav tako nezaupljivi do instrumentov za sprostitev stanovanjskega premoženja. Na splošno so bili ljudje med vsemi opcijami najbolj naklonjeni preselitvi v manjše stanovanje, saj želijo premoženje obdržati in ga zapustiti otrokom.