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Housing is one of the basic necessities of the human being asides water clothing and food, and this for the people of Africa is deficient and almost nonexistent. Africa is usually referred to as the Dark continent or the third world and so from time the branding it got affected it's psyche and...
Persistent link: https://www.econbiz.de/10012845156
The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we evaluate the role of specific housing policies which tend to discourage homeownership. In comparison to other countries with higher homeownership such as the United States, Germany...
Persistent link: https://www.econbiz.de/10012862735
Increased urbanisation poses serious challenges to adequate housing in the cities of the Global South. Many have focused on the issues of access to serviced land, housing finance, and public subsidy in augmenting the supply of low-income affordable housing while ignoring the criticality of...
Persistent link: https://www.econbiz.de/10013464325
Persistent link: https://www.econbiz.de/10009554579
There is evidence that taxes capitalize into housing prices, but great uncertainty about the magnitude of income tax capitalization. One explanation why empirical evidence is unclear may stem from the fact that capitalization is something personal, depending on income, mobility, and on the...
Persistent link: https://www.econbiz.de/10011933356
In this paper, we develop a local housing stock heterogeneity measure. This measure may be used to monitor housing stock heterogeneity over time and in combination with other measures of policy interest. We illustrate the latter by looking at local housing stock heterogeneity, house price...
Persistent link: https://www.econbiz.de/10014551747
estimates show that counterfactual reductions in commuting costs lead to marked increases in education segregation and, to a … lesser degree, increases in income segregation, as households now find it easier to locate in neighborhoods with similar … households. In contrast, turning off preferences for housing characteristics actually reduces income segregation, indicating that …
Persistent link: https://www.econbiz.de/10013133577
Income segregation is found to be a common phenomenon, which imposes far-reaching implications on housing and social … asymmetric relationship between household income and income segregation in Hong Kong, by studying the census data in 2001 and in … 2006, compiled by the Hong Kong SAR Government. The result shows that segregation is more intense among high household …
Persistent link: https://www.econbiz.de/10013159701
Why do high-income black households live in neighborhoods with characteristics similar to those of low-income white households? We find that neighborhood sorting by income and race cannot be explained by financial constraints: High-income, high-wealth black households live in similar-quality...
Persistent link: https://www.econbiz.de/10012899042
Why in some urban areas do rich and poor households cohabit at the community level while, in others, we observe a sorting by income? To answer this question I develop a two-community general equilibrium framework of school quality, residential choice and tax decision. The model predicts that in...
Persistent link: https://www.econbiz.de/10010541428