Parental Housing Return and Children's Home Purchases

13:00-14:30, Wednesday, July 8, 2026

I-206, Boxue Building

Dr. Xiaolong Liu is an Assistant Professor and Doctoral Supervisor at the University of Groningen in the Netherlands, and a Chartered Financial Analyst (CFA). He received his Ph.D. in Economics from the University of Amsterdam in 2010. His main research interests include household finance, real estate, and sustainable development. His work has been published in journals such as JFQA, Energy Economics, and the Journal of Housing Economics.

This paper examines whether a household's homeownership decision is influenced by housing return of their parents. Using nationwide administrative data from the Netherlands, we find that a one percentage point increase in parental housing return leads to a 0.10 percentage point increase in the probability of a renting child becoming a homeowner. This effect exhibits a gender gap and is robust to alternative definitions of return and samples. The findings can be explained by information reliance and its role in expectation formation while intergenerational wealth transfer is hardly the sole mechanism. This paper elucidates intergenerational persistence in wealth.

For more information of the seminar, scan the following QR code(s) to join Tencent QQ group (904 544 292) or WeChat group named "IAER Seminar (4)", please.

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(QR code is valid until July 13, 2026)