Work

The development of the "generation rent" phenomenon in Hungary

Year: 2024
Type: article
Abstract: „Generation rent” is a relatively new phenomenon in terms of sociological interest. The expression first came to relevance in the United Kingdom in the 2010s, and it refers to the fact that the younger generation lives in rented accommodation to a much greater extent and for much longer than members of the previous generations. In this study I present the origin and the short history of the the scientific term „generation rent”. In addition, I will attempt to review and provide an interpretation of how and why „generation rent” as a phenomenon originally appeared in the United Kingdom, where it first became the focus of academic interest, and how does it relate to Hungary, where a very similar phenomenon started to appear in the recent years. In this paper I’m attempting to show the main mechanisms that can lead to the formation of ‚generation rent’ and how they differed from the United Kingdom in Hungary while still led to a very simmilar outcome.
Author: Áron Varga
Language: English
Open Access status: diamond
OpenAlex ID: W4401272847
FWCI:
Cites: 9
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Related to: 10