Displacement of youth from the Isle of Man: The role of house price inflation

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

Small islands frequently suffer from population decline, especially of young people, putting continuity of community at risk. At the same time, their limited size can mean an intense competition for housing stock, particularly in scenic or economically successful islands which draw investors and migrants: a dynamic that fuels inflation. This paper investigates property inflation on the Isle of Man and its threat of displacing young inhabitants and upsetting social sustainability. Qualitative interviews with young Isle of Man émigrés and residents investigate the influences upon decisions to either remain on, or leave, the island. Whilst prices were not found to be significant in the decisions of those that have left, they were very much so for those who wished to remain. Those who have left claimed to have done so in order to improve their financial and personal options, but most did not necessarily want to leave. The overall result is distress, work disenchantment, family postponement and potentially, rising xenophobia.

LanguageEnglish
Pages203-226
Number of pages24
JournalIsland Studies Journal
Volume6
Issue number2
Publication statusPublished - Nov 2011
Externally publishedYes

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inflation
xenophobia
population decrease
family work
qualitative interview
investor
inhabitant
continuity
migrant
housing
sustainability
threat
population decline
resident
community
youth
price
young
decision

Cite this

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abstract = "Small islands frequently suffer from population decline, especially of young people, putting continuity of community at risk. At the same time, their limited size can mean an intense competition for housing stock, particularly in scenic or economically successful islands which draw investors and migrants: a dynamic that fuels inflation. This paper investigates property inflation on the Isle of Man and its threat of displacing young inhabitants and upsetting social sustainability. Qualitative interviews with young Isle of Man {\'e}migr{\'e}s and residents investigate the influences upon decisions to either remain on, or leave, the island. Whilst prices were not found to be significant in the decisions of those that have left, they were very much so for those who wished to remain. Those who have left claimed to have done so in order to improve their financial and personal options, but most did not necessarily want to leave. The overall result is distress, work disenchantment, family postponement and potentially, rising xenophobia.",
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Displacement of youth from the Isle of Man : The role of house price inflation. / Canavan, Brendan.

In: Island Studies Journal, Vol. 6, No. 2, 11.2011, p. 203-226.

Research output: Contribution to journalArticle

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