Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
© 2019 Cameron A Cash
Across the United States, housing prices have been increasing. Additionally, income inequality has been growing, especially in cities. I examine the economic impact of income inequality and unemployment on housing prices at the city level. I find that higher incomes lead to higher real estate prices at the city level. Furthermore, I find that additional rich white or Asian families increase home values. This outcome is important for both politicians and corporations who aim to provide affordable housing for constituents and employees respectively.
Cash, Cameron, "The Unaffordable American Dream: The Effect of Income Inequality on Housing Prices" (2020). CMC Senior Theses. 2325.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.