Race and Home Ownership from the Civil War to the Present
AbstractWe present estimates of home ownership for African-American and white households from 1870 to 2007. The estimates pertain to a sample of households headed by adult men participating in the labor force but the substantive findings are unchanged if the analysis is extended to all households. Over the entire period African-American households in the sample increased their home ownership rate by 46 percentage points, whereas the rate for white households increased by 20 percentage points. Thus, in the long run, the racial gap declined by 26 percentage points. Remarkably, 25 of the 26 point long-run narrowing occurred between 1870 and 1910. Since 1910, both white and black households have increased their rates of homeownership but the long-run growth in levels has been similar for both groups, and therefore the racial gap measured in percentage points was approximately constant over the past century.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 16665.
Date of creation: Jan 2011
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Find related papers by JEL classification:
- N11 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: Pre-1913
- N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-16 (All new papers)
- NEP-HIS-2011-01-16 (Business, Economic & Financial History)
- NEP-MIC-2011-01-16 (Microeconomics)
- NEP-URE-2011-01-16 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- William J. Collins & Robert A. Margo, 2011. "Race and Home Ownership from the End of the Civil War to the Present," American Economic Review, American Economic Association, vol. 101(3), pages 355-59, May.
- Robert A. Margo & Leah Platt Boustan, 2011.
"White Suburbanization And African-American Home Ownership, 1940-1980,"
Boston University - Department of Economics - Working Papers Series
WP2011-024, Boston University - Department of Economics.
- Leah Platt Boustan & Robert A. Margo, 2011. "White Suburbanization and African-American Home Ownership, 1940-1980," NBER Working Papers 16702, National Bureau of Economic Research, Inc.
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