Old-Age Provision and Homeownership – Fiscal Incentives and Other Public Policy Options

"In light of demographic change and the growing problems of traditional old-age security systems, this book discusses two essential instruments in connection with privately providing for old-age security: (1) savings in private pension schemes and (2) building up equity for home-ownership. Further, it assesses the relationship between the two instruments and offers a unique overview of the latest market developments. In order to represent the profound differences between the individual member states of the EU, this book features six country-specific studies - covering Germany, Hungary, Ireland, Italy, the Netherlands and the United Kingdom - that provide detailed insights into the complexity of local private pension schemes, mortgage markets, and housing markets. Lastly, the book discusses public policies and fiscal incentives intended to better integrate residential property with private pensions. It will appeal to both, private households seeking to build up old-age security, as well as policy makers interested in providing secure pension schemes"--Publishers website Front Matter ....Pages i-x Front Matter ....Pages 1-1 Personal Pensions and Homeownership in the EU: An Overview (Martina Eckardt)....Pages 3-25 Old-Age Poverty and Residential Property in the EU: An Analysis with the EU-SILC 2014 Data (Eszter Megyeri)....Pages 27-48 Front Matter ....Pages 49-49 Holding on and Letting Go in Ireland: Examining the Policy and Fiscal Environment for Supplementing Retirement Income from Residential Property (Yogesh Jaiyawala, John Maher, Richard Burke, Sean Byrne)....Pages 51-81 Dutch Pensions and Housing: Towards a Social Divide (Marietta E. A. Haffner)....Pages 83-106 Pensions, Housing and Mortgage Markets in the UK (Tripti Sharma, Donal McKillop, Declan French)....Pages 107-142 Front Matter ....Pages 143-143 Italy: An Ageing Country with Low Level of Private Pension Schemes but High Homeownership Rate (Pierluigi Murro, Flaviana Palmisano)....Pages 145-178 My Home Is My Castle? Sustainability of Private Pensions and Private Homeownership in Hungary (Jörg Dötsch, Martina Eckardt, Eszter Megyeri)....Pages 179-205 Front Matter ....Pages 207-207 Germany: Ageing Economy with Rising Pension Gap, Stable Mortgage Market and Well-Developed Rental Market (Sebastien Clerc-Renaud, Dirk Ulbricht, Doris Neuberger)....Pages 209-251 Annotation In light of demographic change and the growing problems of traditional old-age security systems, this book discusses two essential instruments in connection with privately providing for old-age security: (1) savings in private pension schemes and (2) building up equity for home-ownership. Further, it assesses the relationship between the two instruments and offers a unique overview of the latest market developments. In order to represent the profound differences between the individual member states of the EU, this book features six country-specific studies - covering Germany, Hungary, Ireland, Italy, the Netherlands and the United Kingdom - that provide detailed insights into the complexity of local private pension schemes, mortgage markets, and housing markets. Lastly, the book discusses public policies and fiscal incentives intended to better integrate residential property with private pensions. It will appeal to both, private households seeking to build up old-age security, as well as policy makers interested in providing secure pension schemes