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Effects of Parent’s Homeownership on the Academic Performance and Deviant Behavior of Its Offsprings

Kim Ju Young 1

1상지대학교

Accredited

ABSTRACT

According to the prior researches concerning the effects of homeownership, its has a positive effect on the wellbeing of household. Household who own a house may feel more happiness, self esteem compared with rented one. In theoretical viewpoints, homeowners invest more than renters to the neighborhood and they learn by doing through owning a home. This study may be the first one that evaluate parents’ homeowneship effects on their offsprings’ academic performance under korean circumstances. After controlling other status, parents homeownership was a meaning factors in son’s academic performance and behavior. This study found out genuin benefits of homewonership through empirical research focusing on academic performance and deviant behavior. According to the youth panel, parental homeownership represented to have a significant effects on academic performance especially achievement of the english and math subject but homeownership of parents haven’t a significant effect on the deviant behavior of its offsprings. Although this study couldn’t solve statistical problems like endogeneity because of data limitation, it is the first research in this field, so it can be a start point in considering reasonable total benefits of homeownership policy.

Citation status

* References for papers published after 2022 are currently being built.

This paper was written with support from the National Research Foundation of Korea.