The diversity of material living conditions (housing inequality): Lithuanian case

Abstract

Economic inequality stops economic growth as well as reduces social and economic welfare. Basically, the standard means to measure economic inequality include such aspects as income inequality and consumption inequality, however, to find out the actual level of economic inequality the diversity of material living conditions and wealth distribution should be analyzed as well. The aspects of unequal distribution of material living conditions and housing inequality were not the main objects of sufficient scientific research. Due to this fact, the main aspects to be analyzed in this article are the diversity of material living conditions and housing inequality in Lithuania with the special focus on the extent and volatility of the problem.