Evolução da distribuição familiar da riqueza imobiliária no Brasil: 1995-2004

From the PNAD´s data covering 1995 and 2004 this paper estimates the value of house rents. Using the estimated coefficients of the physical attributes and of the location of the rented houses, we impute an “estimated rent value” for owned houses. In following, admitted constant the relation between rents and value of stock, we estimate the real value of house stock for those years. Based on PNAD´s data on received rents. We also distribute to each family the corresponding value of stock in properties. Excluding the families that do not have any property and are able to pay rent corresponding to properties which price is higher than the average price of rented houses, the Index of Gini is calculated for both years. The paper concludes that there was an expressive improvement in the shape of distribution of wealth ownership in this period, since the Gini coefficient had changed from 0,69 to 0,61 between 1995 and 2004.