Editorial by Lindsay B. Flynn

“…Those at the top have easier access to credit because of their jobs or parental resources. Those at the bottom often experience the opposite, because wealth is sticky and prone to transfer within families, not across. of course, there is cross-national and individual-level variation, but the on average increases in rent and house prices, as well as the risk factors associated with placing household assets in global financial markets, combine to create an explosive situation. …”
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