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Discrimination, Lending Practices and Housing Values: Preliminary Evidence from the Houston Market

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Author Info
Andrew Holmes (College of Business Administration P.O. Box 2056 Sam Houston State University Huntsville, Texas 77341)
Joe F. James () (College of Business Administration P.O. Box 2056 Sam Houston State University Huntsville, Texas 77341)
Abstract

At the center of the debate on racially induced price differentials in housing is the issue of discrimination. This research studies the impact that ethnic as well as racial composition in a neighborhood exerts on value. In an attempt to extend previous efforts, aggregate data is used to study the effects of discrimination and lending bias on residential real estate in Houston, Texas. The data do not support allegations of systematic bias in the mortgage lending process.

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File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol11n01/v11p025.pdf
File Format: application/pdf
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Publisher Info
Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

Volume (Year): 11 (1996)
Issue (Month): 1 ()
Pages: 25-38
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:jre:issued:v:11:n:1:1996:p:25-38

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Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
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Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

References listed on IDEAS
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  1. Michael H. Schill & Susan M. Wachter, . "A Tale of Two Cities: Racial and Ethnic Geographic Disparities in Home Mortgage Lending in Boston and Philadelphia," Rodney L. White Center for Financial Research Working Papers 16-93, Wharton School Rodney L. White Center for Financial Research.
  2. Daniels, Charles B., 1975. "The influence of racial segregation on housing prices," Journal of Urban Economics, Elsevier, vol. 2(2), pages 105-122, April. [Downloadable!] (restricted)
  3. James S. Moore, 1987. "An Investigation of the Major Influences of Residential Liquidity: A Multivariate Approach," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 15(1), pages 684-703. [Downloadable!] (restricted)
  4. Lapham, Victoria, 1971. "Do Blacks Pay More for Housing?," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1244-57, Nov.-Dec.. [Downloadable!] (restricted)
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