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The existence of segregated housing has sparked interest in the question of whether blacks pay more for housing. That racial segregation exists is not in doubt. The effect of segregation on housing prices in black versus white submarkets is less clear. The empirical evidence is not conclusive....
Persistent link: https://www.econbiz.de/10010885797
An empirical analysis of rent control in Kumasi, Ghana, is presented based upon a consumer demand model for housing. Controlled rent-to-income ratios are exceptionally low for a developing country. Moreover, the Asante housing market exhibits unusual cultural attributes and problems in...
Persistent link: https://www.econbiz.de/10010886517
Housing quality has improved dramatically for most low-income households, but they are paying much larger shares of their income for it. Many discussions of the bottom of the market focus on either the rising costs (the 'bad' news) or the rising quality (the 'good' news). Both points of view...
Persistent link: https://www.econbiz.de/10010887576
Persistent link: https://www.econbiz.de/10010887843