Policy Considerations on Housing, Wealth and Inequality

This paper discusses policies on housing from wealth accumulation and wealth distribution perspectives, relying on new evidence and stylized facts fro In recent Organisation for Economic Co-operation and Development (OECD) research (Causa, Woloszko, and Leite, 2019), A hey policy issue is whether and how housing-related policies affect wealth distribution. Another related issue is whether housing-related policies raise potential trade-offs between equity, inequality reduction., and other policy objectives; these other objectives include employment growth, productivity growth, and macroeconomic resilience. Informed by the stylized facts and existing evidence, this paper discusses housing-related policy reforms to promote inclusiveness and social mobility, to enhance efficiency in the allocation of labor and capital, and to strengthen macroeconomic resilience.