000			02121nab a22002177ab4500
003			NY
005			20170510095543.0
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040			_aNY _cNY
041	0		_jeng
100	1		_aIzuhara, Misa.
245	1	0	_aReconsidering the housing asset-based welfare approach _h[electronic resource] : _breflection from East Asian experiences / _cMisa Izuhara.
300			_app. 177-188.
520			_aHousing is a platform of wealth accumulation in many home-owning societies. Ownership of assets often contributes to help people build social capital, influence their social participation and helps them access increasingly privatised goods and services. Such ‘asset-based welfare’ has been fashionable in Western academic circles, considering the ways in which housing could become a real or potential welfare resource. It may not, however, be such a novel idea from an East Asian perspective since the promotion of home ownership has always been embedded in the wider context of welfare provision in many parts of the region. Despite the argument that an increasing level of home ownership could potentially compensate for the erosion of family support, the sustainability of a home-ownership-based welfare approach has been questioned. At the forefront of ‘post-growth’ societies with societal ageing, recession, housing price volatility and neoliberal policy reforms, using Japan as a case study, this article examines the reasons and conditions behind the lack of success in commonly identified strategies of asset-based welfare in a regional context. The policy-driven market failures which supersede the cultural obstacles require re-examination.
538			_aMode of access: Internet.
653			_aAsset-based welfare, home ownership, equity release, social inequalities, East Asia, Japan
773	0		_tSocial policy and society. _g2016, Vol. 15, No. 2 _x1474-7464 _wocm49954477
856	4	0	_uhttp://ezproxy01.ny.edu.hk:2048/login?url=https://doi.org/10.1017/S1474746415000093 _zClick here to access full-text article
942			_2lcc _cE-ARTICLE
999			_c18492 _d18492