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来源类型Working Paper
规范类型报告
DOI10.3386/w21916
来源IDWorking 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
URLhttps://www.nber.org/papers/w21916
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579591
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GB/T 7714
David Albouy,Mike Zabek. Housing Inequality. 2016.
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