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The goal of Cityscape is to bring high-quality original research on housing and community development issues to scholars, government officials, and practitioners. Cityscape is open to all relevant disciplines, including architecture, consumer research, demography, economics, engineering, ethnography, finance, geography, law, planning, political science, public policy, regional science, sociology, statistics, and urban studies.

Cityscape is published three times a year by the Office of Policy Development and Research (PD&R) of the U.S. Department of Housing and Urban Development.


 
  • The Moving to Work Retrospective Evaluation
  • Volume 22 Number 3
  • Managing Editor: Mark D. Shroder
  • Associate Editor: Michelle P. Matuga
 

Policy Considerations on Housing, Wealth, and Inequality

Orsetta Causa
Nicolas Woloszko
Organisation for Economic Co-operation and Development


This paper discusses policies on housing from wealth accumulation and wealth distribution perspectives, relying on new evidence and stylized facts from recent Organisation for Economic Co-operation and Development (OECD) research (Causa, Woloszko, and Leite, 2019). A key policy issue is whether and how housing-related policies affect wealth distribution. Another related issue is whether housing-related policies raise potential trade-offs between equity, inequality reduction, and other policy objectives; these other objectives include employment growth, productivity growth, and macroeconomic resilience. Informed by the stylized facts and existing evidence, this paper discusses housing-related policy reforms to promote inclusiveness and social mobility, to enhance efficiency in the allocation of labor and capital, and to strengthen macroeconomic resilience.


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