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Race of the Homeowner and Appreciation of Single-Family Homes in the United States

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Author Info

  • Coate, Douglas
  • Vanderhoff, James

Abstract

In this article we use data from the annual housing surveys to compare the real appreciation of black- and white-owned single-family homes in the U.S. in the 1974 to 1983 period. The empirical results show that single-family home appreciation depends primarily on income and population growth in the local real estate market and that race of the homeowner is not important to the appreciation process. Copyright 1993 by Kluwer Academic Publishers

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Bibliographic Info

Article provided by Springer in its journal Journal of Real Estate Finance & Economics.

Volume (Year): 7 (1993)
Issue (Month): 3 (November)
Pages: 205-12

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Handle: RePEc:kap:jrefec:v:7:y:1993:i:3:p:205-12

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Web page: http://www.springerlink.com/link.asp?id=102945

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Cited by:
  1. Deborah A. Cobb-Clark & Mathias G. Sinning, 2009. "Neighborhood Diversity and the Appreciation of Native- and Immigrant-Owned Homes," Ruhr Economic Papers 0137, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  2. Douglas Coate & Richard Schwester, 2008. "Black-White Appreciation of Owner Occupied Homes in Upper Income Suburban Integrated Communities: The Cases of Maplewood and Montclair, New Jersey," Working Papers Rutgers University, Newark 2008-001, Department of Economics, Rutgers University, Newark.
  3. Sunwoong Kim, 2000. "Race and home price appreciation in urban neighborhoods: Evidence from Milwaukee, Wisconsin," The Review of Black Political Economy, Springer, vol. 28(2), pages 9-28, December.
  4. Fesselmeyer, Eric & Le, Kien T. & Seah, Kiat Ying, 2013. "Changes in the white–black house value distribution gap from 1997 to 2005," Regional Science and Urban Economics, Elsevier, vol. 43(1), pages 132-141.

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