IDEAS home Printed from https://ideas.repec.org/a/cai/recosp/reco_pr2_0052.html
   My bibliography  Save this article

L’impact des prix de l’immobilier sur les inégalités et leur mesure

Author

Listed:
  • Clément Carbonnier

Abstract

The Book of Thomas Piketty, Capital in the xxist century, and following debates recalled the importance of housing capital and the variations of its valorization in measuring inequalities. I argue that market price overestimates housing stock value in time of bubble, but that conversely rents levels underestimate it. Overestimating the value of housing capital leads to an underestimation of wealth inequalities because it has a relatively greater impact on middle-class than on the upper end of the distribution. For the future, the distribution of types of capital and differences in returns can lead to an increase in income inequality. Classification JEL : D31 ; D63 ; R21.

Suggested Citation

  • Clément Carbonnier, 2015. "L’impact des prix de l’immobilier sur les inégalités et leur mesure," Revue économique, Presses de Sciences-Po, vol. 66(6), pages 1029-1044.
    • Handle: RePEc:cai:recosp:reco_pr2_0052
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_PR2_0052
    Download Restriction: free
    File URL: http://www.cairn.info/revue-economique-2015-6-page-1029.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carole Bonnet & Bertrand Garbinti & Sébastien Grobon, 2018. "Rising inequalities in access to home ownership among young households in France, 1973-2013," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 500-501-5, pages 117-138.
    2. Bertrand GARBINTI & Jonathan GOUPILLE-LEBRET, 2018. "The evolution of wealth inequality in France from 1800 to 2014," Rue de la Banque, Banque de France, issue 66, July.

    More about this item

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_pr2_0052. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-economique.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.