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Local Housing Markets and Segregation in England
Author(s) -
Geoffrey Meen
Publication year - 2005
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/j.1468-0319.2005.00472.x
Subject(s) - citation , local government , new england , economics , house price , government (linguistics) , sociology , political science , market economy , monetary economics , law , linguistics , philosophy , middle class
In this article, Geoff Meen discusses patterns of economic segregation in England. Despite the emphasis that the government places on reducing segregation, patterns have, in fact, remained remarkably constant over, at least, the last twenty years. Dynamic changes in housing markets and migration over time help to explain these patterns, and evidence is presented on the extent to which house prices in certain local authorities have been under‐ or over‐valued. The analysis also shows that, at the local level, housing markets exhibit non‐linear behaviour, which hinders the effectiveness of housing policy in the most deprived areas and adds to economic segregation.