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In: Economics

I would like a summary for this text below as the content is related to discrimination...

I would like a summary for this text below as the content is related to discrimination in the housing market.please you can write the a summary and typing and not write by hand,so that I can read and understand your answer clearly.BR.

1-With the help of theories from the current chapters in Applied Microeconomics and, if necessary, with the help of other course literature, we report in such a way that the issues are clearly described and in what way the study uses the theory in the book.
Below are the issues we have used as a starting point:
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.
The following goal formulations need to be considered and fulfilled if we are to have a fair housing market at some point in the future:
It can not be questioned that access to housing remains unequal. Despite long-standing laws that protect against discrimination, members of disadvantaged groups find it more difficult to find a high-quality place to live in a neighborhood with high opportunities. However, it is much less obvious whether - or how much - these differences are due to discrimination, as disadvantaged groups often differ systematically in employment, income, assets and liabilities. We identify and work with proposals on how to work against discrimination.
A good home is a human right.
The housing standard needs to be raised.
Rents need to be more fair

Solutions

Expert Solution

In this text the problems in the  housing market and the causes of the current housing problem need to be addressed.The two types of discrimination in the housing market are  ethnic discrimination and gender discrimination.The first economist to get nobel prize for analyzing  this discrimination was Gary Becker.There are two theories of discrimination which has been mentioned in Gary Beckers's work as well as in the work of other economists.Theory one states that discrimination has different choices  for people ie it is based on preferences. Eg an employer's choice of gender over another gender..Theory two states that attributes of a person cannot always be observed.  From economic perspective , discrimination is very fascinating  as it may lead to  gap between different parts of the society.There is an association to NEK theory from applied microeconomics and discrimination has been linked with theory one and two.The  generalization of the two different theories is made on the basis of a person's  group affiliation.In order to have a just or equitable housing market in the future , it is necessary to  formulate certain goals .In spite of regulations against discrimination ,people who are discriminated , find it difficult to find a good place to live in the close neighborhood.Discriminated people are different in income , employment status,assets , liabiliaties and so it cannot be confirmed that the difference in housing market is due to discrimination.It is the right of all people to have a proper home and so it is necessary to increase the housing standard and have rents which may be considered to be just..


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