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Single-family rentals and neighborhood racial integration✰

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  • Ihlanfeldt, Keith
  • Yang, Cynthia Fan

Abstract

Neighborhood racial segregation continues to be a major social problem within America's metropolitan areas. One factor possibly accounting for segregation is the inability of minority households to afford housing in White neighborhoods, where housing units historically have been largely owner-occupied single-family homes. In recent years there has been a dramatic shift in the housing makeup of many of these neighborhoods, with single-family rentals increasing in share. Rentals lower the cost of neighborhood entry. Our results, which suggest that these rentals reduce neighborhood racial segregation for Blacks, support policies that seek to maintain and grow single-family rentals within White neighborhoods.

Suggested Citation

  • Ihlanfeldt, Keith & Yang, Cynthia Fan, 2021. "Single-family rentals and neighborhood racial integration✰," Journal of Housing Economics, Elsevier, vol. 53(C).
    • Handle: RePEc:eee:jhouse:v:53:y:2021:i:c:s1051137721000322
    DOI: 10.1016/j.jhe.2021.101780
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    Cited by:

    1. Salim Furth & MaryJo Webster, 2023. "Single-Family Zoning and Race: Evidence From the Twin Cities," Housing Policy Debate, Taylor & Francis Journals, vol. 33(4), pages 821-843, July.
    2. Ihlanfeldt, Keith & Yang, Cynthia Fan, 2021. "Not in my neighborhood: the effects of single-family rentals on home values," Journal of Housing Economics, Elsevier, vol. 54(C).
    3. Stephen B. Billings & Adam Soliman, 2023. "The erosion of homeownership and minority wealth," CEP Discussion Papers dp1967, Centre for Economic Performance, LSE.

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    More about this item

    Keywords

    Racial segregation; Single-family rental housing; Housing affordability;
    All these keywords.

    JEL classification:

    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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