Abstract:This chapter provides an up-to-date review of the literature on housing, inequality, and neighborhoods while highlighting their many intersections. Inequality across and within countries is generally high and growing, particularly in terms of wealth. Levels and trends in inequality depend on multiple factors, such as institutions and varying exposure to shocks, and cannot be understood without accounting for the role of housing. Housing is a major component of households' expenditures and the most important an… Show more
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