ABOUT BOOK

Children of homeowners are more likely to enter homeownership ~than are children whose parents rent. We investigate whether this ~association is dependent on parental divorce, focusing on parental ~assistance as a conduit of intergenerational transmission. Event history ~analyses of data for England and Wales from the British Household ~Panel Survey (BHPS) show that the intergenerational transmission of ~homeownership is stronger for children of divorced parents compared ~with children of married parents. Such an eff ect may arise from two ~channels: (1) children of divorced parents are more in need of parental ~assistance due to socio-economic disadvantages associated with ~parental divorce; and (2) compared with married parents, divorced ~homeowning parents (mothers) rely more on housing wealth, rather ~than fi nancial wealth, for assisting children. Findings support both ~explanations. Children of divorced parents are furthermore less likely ~to co-reside. We fi nd limited evidence that when they do, co-residence ~is less conductive to homeownership compared with children from ~married parents.