The Effects of Childhood Exposure to Gentrification: Evidence from A Radical Housing Reform in Britain
Abstract/Contents
- Abstract
- “Right to Buy” (RTB), a large-scale gentrification policy by which incumbent tenants in public housing could buy their properties at heavily-subsidised prices, increased the homeownership rate in the UK by over 10 percentage points between 1980 and the late 1990s. This paper studies the impact of childhood exposure to RTB on human capital accumulation, showing that exposure to RTB at birth significantly improved pupil performance in high stakes exams and likelihood to obtain a degree, while also reducing the likelihood to experience unemployment at the age of 16-18. The crime reduction generated by RTB in the early 1980s was a key driver of these human capital gains. This is evidence of a novel means by which gentrification, and housing provision, may contribute to increase human capital accumulation and improve educational and professional outcomes in low-income settings.
Description
| Type of resource | text |
|---|---|
| Date created | September 9, 2021 |
Creators/Contributors
| Author | Disney, Richard |
|---|---|
| Author | Gathergood, John |
| Author | Machin, Stephen |
| Author | Sandi, Matteo |
| Organizer of meeting | Diamond, Rebecca |
| Organizer of meeting | van Dijk, Winnie |
| Organizer of meeting | Schneider, Martin |
| Organizer of meeting | Tsivanidis, Nick |
Subjects
| Subject | school performance |
|---|---|
| Subject | homeownership |
| Subject | public Housing |
| Genre | Text |
| Genre | Presentation slides |
Bibliographic information
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- License
- This work is licensed under a Creative Commons Attribution 4.0 International license (CC BY).
Preferred citation
- Preferred citation
- Disney, R., Gathergood, J., Machin, S., and Sandi, M. (2022). The Effects of Childhood Exposure to Gentrification: Evidence from A Radical Housing Reform in Britain. Stanford Digital Repository. Available at https://purl.stanford.edu/wz146nz6751
Collection
SITE Conference 2021
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