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Race and Home Ownership: A Century-Long View

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  • William J.Collins

    ()
    (Department of Economics, Vanderbilt University)

  • Robert A. Margo

    ()
    (Department of Economics, Vanderbilt University)

Abstract

This paper uses census IPUMS data to analyze trends in racial differences in home ownership and housing values and to examine the connection between residential segregation and the housing status of blacks relative to whites. A widening in the ownership gap between 1940 and 1960 is explained largely by the increasing concentration of blacks in central city areas whereas a narrowing in the ownership gap between 1960 and 1980 is explained only by changes in the relative characteristics of the black and white populations. Residential segregation did not widen the racial gap in home ownership rates in 1940 or 1980, but did widen the gap in housing values after 1940.

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File URL: http://www.accessecon.com/pubs/VUECON/vu00-w12.pdf
File Function: Revised version, 2000
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Bibliographic Info

Paper provided by Vanderbilt University Department of Economics in its series Vanderbilt University Department of Economics Working Papers with number 0012.

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Date of creation: May 2000
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Handle: RePEc:van:wpaper:0012

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Web page: http://www.vanderbilt.edu/econ/wparchive/index.html

Related research

Keywords: Discrimination; property value; segregation;

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References

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  1. Munnell, Alicia H. & Geoffrey M. B. Tootell & Lynn E. Browne & James McEneaney, 1996. "Mortgage Lending in Boston: Interpreting HMDA Data," American Economic Review, American Economic Association, American Economic Association, vol. 86(1), pages 25-53, March.
  2. Cutler, David & Vigdor, Jacob & Glaeser, Edward, 1999. "The Rise and Decline of the American Ghetto," Scholarly Articles 2770033, Harvard University Department of Economics.
  3. Smith, James P & Welch, Finis R, 1989. "Black Economic Progress after Myrdal," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 27(2), pages 519-64, June.
  4. Lundberg, Shelly J & Startz, Richard, 1983. "Private Discrimination and Social Intervention in Competitive Labor Markets," American Economic Review, American Economic Association, American Economic Association, vol. 73(3), pages 340-47, June.
  5. Jacob L. Vigdor, 2002. "Locations, Outcomes, and Selective Migration," The Review of Economics and Statistics, MIT Press, vol. 84(4), pages 751-755, November.
  6. John J. Donohue III & James Heckman, 1991. "Continuous Versus Episodic Change: The Impact of Civil Rights Policy on the Economic Status of Blacks," NBER Working Papers 3894, National Bureau of Economic Research, Inc.
  7. Lang William W. & Nakamura Leonard I., 1993. "A Model of Redlining," Journal of Urban Economics, Elsevier, vol. 33(2), pages 223-234, March.
  8. Maloney, Thomas N., 1994. "Wage Compression and Wage Inequality Between Black and White Males in the United States, 1940–1960," The Journal of Economic History, Cambridge University Press, Cambridge University Press, vol. 54(02), pages 358-381, June.
  9. Glenn B. Canner & Wayne Passmore, 1995. "Home purchase lending in low-income neighborhoods and to low-income borrowers," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), Board of Governors of the Federal Reserve System (U.S.), issue Feb, pages 71-103.
  10. Collins, William J., 2000. "African-American Economic Mobility in the 1940s: A Portrait from the Palmer Survey," The Journal of Economic History, Cambridge University Press, Cambridge University Press, vol. 60(03), pages 756-781, September.
  11. Higgs, Robert, 1982. "Accumulation of Property by Southern Blacks before World War I," American Economic Review, American Economic Association, American Economic Association, vol. 72(4), pages 725-37, September.
  12. Blau, Francine D & Graham, John W, 1990. "Black-White Differences in Wealth and Asset Composition," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 105(2), pages 321-39, May.
  13. William J. Collins, 2001. "Race, Roosevelt, and Wartime Production: Fair Employment in World War II Labor Markets," American Economic Review, American Economic Association, American Economic Association, vol. 91(1), pages 272-286, March.
  14. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
  15. Robert A. Margo, 1983. "Accumulation of Property by Southern Blacks Before World War I: Commentand Further Evidence," NBER Working Papers 1200, National Bureau of Economic Research, Inc.
  16. Cutler, David M & Glaeser, Edward L, 1997. "Are Ghettos Good or Bad?," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 112(3), pages 827-72, August.
  17. Collins, William J. & Margo, Robert A., 2000. "Residential segregation and socioeconomic outcomes: When did ghettos go bad?," Economics Letters, Elsevier, Elsevier, vol. 69(2), pages 239-243, November.
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