It shouldn’t come as a surprise that during a financial downturn the toughest hit are almost certainly to be the poorest in society.
Discovering the fitting tenant for a property means matching tenant traits – resembling age, family measurement, race, voucher standing, and financial threat – to property characteristics – akin to size, situation, and site. For example, it may be can be arduous to search out and entice market tenants who pay their hire reliably in disadvantaged neighborhoods. This gives an incentive for landlords to seek out voucher tenants to occupy models in these areas.
Our results are robust to the level at which we measure inequality (zip, county, state), the measure of inequality we use (ratio of log incomes on the ninetieth and 10th percentile from the CCP, Gini coefficients from the IRS and Census knowledge), an intensive set of household and area controls, and quite a few …
