Housing Paths of Millennials: Increasing Tension between Homeownership Normalization and Urban Affordability Crisis in the Czech Republic

The project focuses on research on the recent housing paths of young people (born between 1985 and 2000) who are facing a boom in housing prices and decreasing housing affordability. The goal is to survey the main strategies that young people use to overcome the problem of decreasing housing affordability. These private strategies, but also hypothetical state policy reactions, have a wider impact on the housing system and inequality, which this project intends to examine. For this purpose, the research team will employ both quantitative and qualitative research methods that include new attitude survey and original microsimulation modelling. The project will be conducted in four selected urban centres.The project aims to add to existing youth, housing affordability and generational inequality studies but especially to the literature on trends in post-socialist housing systems, intergenerational housing wealth transfers, and housing inequality.

The goal of the project is to survey the housing careers of young people known as millennials, with the main focus on their solutions to the sharply decreasing housing affordability. Its aim is to estimate the impact of these solutions on future housing system dynamics and housing inequality.