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Higher Property Prices Linked To Income Inequality: Study

Friday, November 25, 2016 18:57
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from The Conversation

– this post authored by Hassan F. Gholipour and Jeremy Nguyen, Swinburne University of Technology; and Mohammad Reza Farzanegan, University of Marburg

Higher property prices are not only associated with higher income inequality but also with a higher inequality in household spending, our research shows. We examined three decades of data from 1982 to 2012 in Iran, where income inequality is the highest in the Middle East.

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