S12-S2 Real Estate and Housing (in association with ERES)
Tracks
Special Sessions
Wednesday, August 30, 2017 |
4:00 PM - 5:30 PM |
HC 1315.0043 |
Details
Conveners: Paloma Taltavull, Gunther Maier, Arno van der Vlist / Chair: Arno Van der Vlist
Speaker
Mr Song Zhang
Phd Candidate
University of Groningen
Prof. Paloma Taltavull De La Paz
Full Professor
University Of Alicante
Income distribution, housing affordability and poverty. The case of Spain
Author(s) - Presenters are indicated with (p)
Paloma Taltavull De La Paz (p), Francisco Juárez
Discussant for this paper
Song Zhang
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.
Prof. Arno Van Der Vlist
Full Professor
University of Groningen
Nonmarket allocation of Public Housing
Author(s) - Presenters are indicated with (p)
Arno J Van Der Vlist (p), Jos N van Ommeren
Discussant for this paper
Paloma Taltavull De La Paz
Abstract
Public housing is allocated using nonmarket mechanisms such as waiting time and lotteries. We examine allocation outcomes of waiting lists and lotteries for Amsterdam. Our identification strategy is based on information on households and public houses that are usually allocated to households using waiting lists but which are allocated for a short period using lotteries. We use the households’ waiting times to elicit information on the value of winning a lottery. Winning a lottery reduces waiting time by 6.5 years, which has a value of €50,000 in Amsterdam City. We demonstrate also that the match of households and housing characteristics differs with allocation mechanism. Through lotteries, public housing appears to be misallocated across households.