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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21916 |
来源ID | Working Paper 21916 |
Housing Inequality | |
David Albouy; Mike Zabek | |
发表日期 | 2016-01-25 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Inequality in U.S. housing prices and rents both declined in the mid-20th century, even as home-ownership rates rose. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures, we see inequality in housing consumption equivalents mirroring patterns in income across both space and time, according to an income elasticity of housing demand just below one. These patterns occur mainly within cities, and are not explained by observed changes in dwelling characteristics or locations. Instead, recent increases in housing inequality are driven most by changes in the relative value of locations, seen especially through land. |
主题 | Microeconomics ; Welfare and Collective Choice |
URL | https://www.nber.org/papers/w21916 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579591 |
推荐引用方式 GB/T 7714 | David Albouy,Mike Zabek. Housing Inequality. 2016. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21916.pdf(1663KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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