Low-Income Households in Changing Housing Markets and the Filtering Process

Kim Woo-Jin
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Kim Woo-Jin: Korea Housing Institute

Chapter 7 in Economic Growth, Low Income and Housing in South Korea, 1997, pp 167-199 from Palgrave Macmillan

Abstract: Abstract In this chapter, the issues dealt with are the housing market and the exclusion of low-income households from it. The first question in this chapter is whether the housing market is any different from any other commodity market in a mixed economy in which invisible hands principally rule the market. In other words, are the housing problems of low-income households simply a symptom of low incomes? Or do they have special features not present in other markets?

Keywords: House Price; Housing Market; Capital Gain; Residential Mobility; Urban Poor (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25079-0_7

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DOI: 10.1007/978-1-349-25079-0_7

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