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Income Inequality, the Income Cost of Housing, and the Myth of Market Efficiency

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  • Cathleen Whiting

Abstract

. A housing cost figure that incorporates income identifies demographic groups excluded from effective participation in the housing market. The goal of home ownership is an elusive one for many American families.

Suggested Citation

  • Cathleen Whiting, 2004. "Income Inequality, the Income Cost of Housing, and the Myth of Market Efficiency," American Journal of Economics and Sociology, Wiley Blackwell, vol. 63(4), pages 851-879, October.
    • Handle: RePEc:bla:ajecsc:v:63:y:2004:i:4:p:851-879
    DOI: 10.1111/j.1536-7150.2004.00319.x
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    Cited by:

    1. Marshall, Maria I. & Marsh, Thomas L., 2007. "Consumer and investment demand for manufactured housing units," Journal of Housing Economics, Elsevier, vol. 16(1), pages 59-71, March.
    2. Juan L. Paramio & José L. Zofío, 2008. "Labor Market Duality and Leisure Industries in Spain: Quality of Life Versus Standard of Living," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(4), pages 683-717, October.
    3. Mohsen Amini Khouzani & Davoud Behboudi & Parviz Mohammadzadeh & Mahmoud Shirkosh & Ehsan Rajabi, 2016. "A Consumer and Investment Model of Housing Demand of Iran: Estimation and Policy Implications," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 41-58.

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