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Income distribution, housing affordability and poverty. The case of Spain

Author

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  • Paloma Taltavull de La Paz
  • Francisco Juarez

Abstract

This paper deeps on the relationships between the income distribution, housing and poverty. It follows the housing affordability definitions and estimates several indicators of housing poverty in order to identify their role to explain the likelihood to fall on poverty during a period of time pre and post Global Financial Crisis. It also examines the relationship between income distribution and affordability taking into account the tenancy status. The paper uses the survey called EU-Silc (Life Conditions Survey) for Valencia Region, Spain, which provides individual household information including income and housing tenancy to evaluate such differences. Results indicate a larger income inequality occurs in this region after crisis, that poverty is stronger in household tenants rather than in homeowners and that the likelihood to fall under poverty line is related to a combination between income and tenancy.

Suggested Citation

  • Paloma Taltavull de La Paz & Francisco Juarez, 2017. "Income distribution, housing affordability and poverty. The case of Spain," ERES eres2017_374, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2017_374
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    More about this item

    Keywords

    housing poverty; housing tenancy; Income distribution;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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