Housing and economic inequality in the long run: The retreat of owner occupation

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 whe...

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Main Authors: Smith, S.J., Clark, W.A.V., ViforJ, Rachel, Wood, Gavin, Lisowski, W., Truong, Khuong
Format: Journal Article
Language:English
Published: ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD 2022
Subjects:
Online Access:http://purl.org/au-research/grants/arc/FT200100422
http://hdl.handle.net/20.500.11937/89882
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author Smith, S.J.
Clark, W.A.V.
ViforJ, Rachel
Wood, Gavin
Lisowski, W.
Truong, Khuong
author_facet Smith, S.J.
Clark, W.A.V.
ViforJ, Rachel
Wood, Gavin
Lisowski, W.
Truong, Khuong
author_sort Smith, S.J.
building Curtin Institutional Repository
collection Online Access
description 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.
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spelling curtin-20.500.11937-898822023-02-01T07:40:48Z Housing and economic inequality in the long run: The retreat of owner occupation Smith, S.J. Clark, W.A.V. ViforJ, Rachel Wood, Gavin Lisowski, W. Truong, Khuong Social Sciences Economics Sociology Business & Economics housing home-ownership economic inequality Australia UK USA TOP 1 PERCENT INCOME INEQUALITY WEALTH HOMEOWNERSHIP MARKETS BRITAIN TRENDS RISE 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. 2022 Journal Article http://hdl.handle.net/20.500.11937/89882 10.1080/03085147.2021.2003086 English http://purl.org/au-research/grants/arc/FT200100422 http://creativecommons.org/licenses/by-nc-nd/4.0/ ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD fulltext
spellingShingle Social Sciences
Economics
Sociology
Business & Economics
housing
home-ownership
economic inequality
Australia
UK
USA
TOP 1 PERCENT
INCOME INEQUALITY
WEALTH
HOMEOWNERSHIP
MARKETS
BRITAIN
TRENDS
RISE
Smith, S.J.
Clark, W.A.V.
ViforJ, Rachel
Wood, Gavin
Lisowski, W.
Truong, Khuong
Housing and economic inequality in the long run: The retreat of owner occupation
title Housing and economic inequality in the long run: The retreat of owner occupation
title_full Housing and economic inequality in the long run: The retreat of owner occupation
title_fullStr Housing and economic inequality in the long run: The retreat of owner occupation
title_full_unstemmed Housing and economic inequality in the long run: The retreat of owner occupation
title_short Housing and economic inequality in the long run: The retreat of owner occupation
title_sort housing and economic inequality in the long run: the retreat of owner occupation
topic Social Sciences
Economics
Sociology
Business & Economics
housing
home-ownership
economic inequality
Australia
UK
USA
TOP 1 PERCENT
INCOME INEQUALITY
WEALTH
HOMEOWNERSHIP
MARKETS
BRITAIN
TRENDS
RISE
url http://purl.org/au-research/grants/arc/FT200100422
http://hdl.handle.net/20.500.11937/89882