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Episode 7: Wealth Inequality and Housing -- with Clara Martínez-Toledano
Housing is the main asset in most individual portfolios. The recent rise in private wealth with respect to national income has been mainly driven by capital gains on housing. How do house price cycles affect wealth inequality? Clara Martínez-Toledano explores the dynamics of wealth accumulation over forty years in Spain.
Recommendations:
http://gabriel-zucman.eu/hidden-wealth/
Paper:
https://www.dropbox.com/s/2l1xe9mf95jmaiq/mtt_wealthinequalityspain.pdf?dl=0
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By Clémentine Van Effenterre
5
88 ratings
Housing is the main asset in most individual portfolios. The recent rise in private wealth with respect to national income has been mainly driven by capital gains on housing. How do house price cycles affect wealth inequality? Clara Martínez-Toledano explores the dynamics of wealth accumulation over forty years in Spain.
Recommendations:
http://gabriel-zucman.eu/hidden-wealth/
Paper:
https://www.dropbox.com/s/2l1xe9mf95jmaiq/mtt_wealthinequalityspain.pdf?dl=0