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Housing and economic inequality in the long run: The retreat of owner occupation
Economy and Society ( IF 4.182 ) Pub Date : 2022-01-27 , DOI: 10.1080/03085147.2021.2003086
Susan J. Smith 1 , William A. V. Clark 2 , Rachel Ong ViforJ 3 , Gavin A. Wood 4 , William Lisowski 5 , N. T. Khuong Truong 6
Affiliation  

Abstract

Finally, after a lengthy hiatus, the empirical facts of economic inequality need no introduction. In a blaze of publicity during a decade or more, the re-polarization of income and wealth across nearly half a century has been widely documented and is substantially uncontested. There is debate on whether incomes have peaked, no doubt that capital is back, and a great deal of speculation on what might happen next. What is surprising is the limited attention afforded to the pivotal role of housing. To address that gap, conceptually and empirically, this paper draws from panel surveys in three countries across two decades to locate residential property generally, and owner-occupation in particular, within a wider literature on the shape of economic inequality in the long run.



中文翻译:

长期的住房和经济不平等:业主自住的倒退

摘要

最后,在漫长的中断之后,经济不平等的经验事实无需介绍。在十年或更长时间的宣传中,近半个世纪以来收入和财富的重新两极分化已被广泛记录并且基本上没有争议。关于收入是否已经达到顶峰,毫无疑问,资本回归,以及对接下来会发生什么的大量猜测,都存在争议。令人惊讶的是,人们对住房的关键作用关注有限。为了从概念上和经验上解决这一差距,本文从两个十年来三个国家的小组调查中得出结论,在有关长期经济不平等形式的更广泛文献中定位住宅物业,特别是自住物业。

更新日期:2022-01-27
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