Question

In: Economics

I would like a formulation of this text below as the content is related to discrimination...

I would like a formulation of this text below as the content is related to discrimination in the housing market. Please, you can write a good formulation, and write 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 explained 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. economists' studies on discrimination, there are two theories that have played a prominent role: We intend to link discrimination with theories 1 and 2. Theory 1 is about discrimination based on preferences, for example that an employer chooses. Theory 2 is about the individual's characteristics not always being observable and therefore one generalizes based on the individual's group affiliation. 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: Gary Becker was one of the first economists to analyze discrimination. Among other things, he received the Nobel Prize (1992). In his work, as for other celebrities There are two theories of discrimination mentioned in Gary Becker's work as well as in the work of other economists. One says that discrimination has different choices for people, ie it is based on preferences. For example, an employer's choice, Theory Two states that attributes of a person cannot always be observed. From an economic perspective, discrimination is very fascinating because it can lead to gaps between different parts of society. The generalization of the two different theories is based on a person's group affiliation. In order to have a fair or equitable housing market in the future, it is necessary to formulate certain goals. Despite anti-discrimination rules, people who are discriminated against have a hard time finding a good place. Discriminated people differ in income, employment, assets, liabilities and it can therefore not be confirmed that the difference in the housing market is due to discrimination. It is the right of all people to have a proper home and so it is necessary to raise the standard of living and have rents that can be considered fair. 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: A good home is a human right. The housing standard needs to be raised. Rents need to be more fair. 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.

Solutions

Expert Solution

DISCRIMINATION IN HOUSING SECTOR.

Structure of the essay

Provide a good introduction followed by economic reasons that are highly extensive in nature. Use as many examples as you can. Further end it with a conclusion.

Introduction for reference

Housing Discrimination is a recurring practice that is ongoing in almost every country, since a very long time. Laws have been imposed that has helped in limiting the said practice, but hasn't completely eradicated it. Through extensive analysis of personal anecdotes and socialogical analysis, housing discrimination is a practice of social segregation and exclusion. It is a kind of a discrimination that can be explained with the help of socio-economic and political factors.

Certain Socio- Economic and Political reasons explained brieflly

  1. Unequal Status in the society.- There have been reports that have reported that people have been denied housing due to their low social standing. They have been denied access to housing not because they were so poor that would be entirely unable to pay rent, but because they belonged to a class of society that wasn't filthy rich.They didn't have a proper social standing. Not able to have a said social standing in the society is not a reasonable ground to denying someone housing. It simply pertains to discrimination.
  2. Racial Discrimination- In the past, it has been well known that blacks were discriminated and treaed like objects. They have had terrible sufferings and their freedom movements were one of the greatest. They were fighting to have a chance at respectable existence. Under the reig of Lincoln, Blacks were given an opportunity to have a respectable existence, and a new reform began. However even today, in certain situations, racial discrimination persists. It has been observed that in USA African Americans were denied housing simply because they belonged to a racial group of people. Discrimination was shown on the basis of race.
  3. Discrimination on the basis of religion- Another aspect that encourages discrimination is religion. Religion is perhaps the most controversial of the above two. It has been reported that people have been denied access to Housing simply because they belonged to certain religion. i.e. A lot of Muslims have been denied access to housing due to their religion.

A Conclusion for Reference

Housing is one of the basic needs of people, to ensure they sustain a healthy lifestyle. It is important that the government ensures that affordable housing is available to all, irrespective of their race , religion, or class. These discriminatory practices still continue even though the society has evolved. Its important that these practices mustbe stopped.


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