In: Economics
I would like a summary for this text below as the content is related to discrimination in the housing marke.Please I need solution for this issue with all the details .please you can write the answer typing and not write by hand,so that I can read and understand your answer clearly.I need step by step solution to the following this question asap
What will be the expected effect on the housing market.
What trends and events have prompted the current housing
situation.
What problems can be identified around the housing market.
Based on the study and its results, can one say something about the
type of discrimination that occurs in the housing market? Both
ethnic discrimination and gender discrimination occur.
Gary Becker was one of the first economists to analyze
discrimination. Among other things, he received the Nobel Prize
(1992). In his work, as in the case of other well-known economists'
studies on discrimination, there are two theories that have played
a prominent role:
Theory 1: People have different preferences for
discrimination.
Theory 2: An individual's characteristics are not always
observable
As discrimination can create gaps between different parts of
society, it is very interesting from an economic perspective.
Connection to NEK theory from applied microeconomics:
We have intended to link discrimination with theories 1 and 2.
Theory 1 is about discrimination based on preferences, for example
that an employer prefers one gender over the other. Theory 2 is
about the individual's characteristics not always being observable
and therefore one generalizes based on the individual's group
affiliation.
There can be no question that access to housing remains unequal. Despite long-standing laws guarding against discrimination, members of disadvantaged groups have a harder time finding a high-quality place to live in a high-opportunity neighborhood. It’s far less obvious, however, whether—or how much—these disparities result from discrimination, because disadvantaged groups often differ systematically in employment, income, assets, and debts.
Different groups that are effected by discrimination :
Housing voucher holders
Housing Choice Vouchers are designed to help low-income families afford decent, safe homes and have the opportunity to move out of low-income neighborhoods. In theory, voucher holders can move anywhere they can find an affordable home. In practice, their housing choices are severely constrained and significantly dependent on landlords. This 2018 pilot study presents findings from the largest, most comprehensive test of discrimination against Housing Choice Voucher holders to date. Our findings show that landlords are not passive actors in the Housing Choice Voucher program. They have incredible power in deciding if voucher holders can use housing benefits and where voucher holders can live.
Same-sex couples and transgender people
, housing providers discriminate against g*y men and transgender people on some treatment measures but treat lesbians and heterosexual women comparably. This 2017 pilot study represents an important step in developing and implementing tools to study discrimination based on sexual orientation and gender status, two categories not covered explicitly by the Fair Housing Act.
Racial and ethnic minorities
discrimination against racial and ethnic minorities in 1989, revealing high levels of discriminatory treatment toward Hispanics and African Americans in both rental and sales markets nationwide. Roughly a decade later, the 2000 Housing Discrimination Study found statistically significant levels of discrimination against African American, Hispanic, Asian, and Native American homeseekers, though the overall incidence of discrimination had declined.instances of overt “door-slamming” discrimination had continued to drop, real estate agents and rental housing providers recommend and show fewer available homes and apartments to minorities than equally qualified whites. These insidious forms of discrimination raise the costs of the housing search for minorities and restrict their housing options.
People with disabilities
people with disabilities searching for rental housing in the Chicago area encountered significant levels of adverse treatment—even more than that experienced by African American or Hispanic renters in the same housing market. A 2015 report found that the same was true on a national scale. The study focused on people who are deaf and people who use wheelchairs. In both cases, the disabled testers experienced discriminatory treatment, receiving less information and being shown fewer units than hearing and ambulatory testers. In addition, landlords frequently denied requests for modifications to make rental units accessible.
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