Policy implications
Without further policy intervention, a priori there is no reason to believe that the relationship on the one hand and offspring wealth is unique to the sample period we study.
We do not expect a decoupling between middle east rcs data parental homeownership and education for understanding intergenerational inequality and social mobility in Great Britain. Indeed, we believe these parental characteristics will continue to be useful markers of early life resources used in research for informing policies aimed at equalising opportunities.
Taken together our findings imply the penalty for being born to parents with relatively low resources is growing rapidly over time in Great Britain, to the extent that it is influencing major lifecycle decisions such as the ability for offspring to access homeownership opportunities and hence the rate at which housing wealth can be accumulated.