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Distinguishing Racial Preferences in the Housing Market: Theory and Evidence

In: Hedonic Methods in Housing Markets

Author

Listed:
  • Patrick Bayer

    (Duke University)

  • Robert McMillan

    (University of Toronto)

Abstract

Given the extent of residential segregation on the basis of race and ethnicity in U.S. cities, it is unsurprising that a long line of research in social science has attempted to better-understand the causes and consequences of segregation. One prominent branch of that literature has used housing market data on the observed patterns of residential sorting and corresponding housing prices to make inferences about (i) the nature of household preferences for the racial composition of their neighborhoods and (ii) the extent to which segregation is driven by centralized discriminatory forces versus the decentralized location decisions of households, given their preferences (Zabel, this Volume, and Hite, this Volume).1

Suggested Citation

  • Patrick Bayer & Robert McMillan, 2008. "Distinguishing Racial Preferences in the Housing Market: Theory and Evidence," Springer Books, in: Andrea Baranzini & José Ramirez & Caroline Schaerer & Philippe Thalmann (ed.), Hedonic Methods in Housing Markets, chapter 10, pages 225-244, Springer.
    • Handle: RePEc:spr:sprchp:978-0-387-76815-1_11
    DOI: 10.1007/978-0-387-76815-1_11
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    Citations

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    Cited by:

    1. Andrea Baranzini & José V. Ramirez & Caroline Schaerer & Philippe Thalmann, 2008. "Introduction to this Volume: Applying Hedonics in the Swiss Housing Markets," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 144(IV), pages 543-559, December.
    2. Marco Brambilla & Alessandra Michelangeli & Eugenio Peluso, 2013. "Equity in the City: On Measuring Urban (Ine)quality of Life," Urban Studies, Urban Studies Journal Limited, vol. 50(16), pages 3205-3224, December.
    3. Andrea Baranzini & Caroline Schaerer & José V. Ramirez & Philippe Thalmann, 2008. "Do Foreigners Pay Higher Rents for the Same Quality of Housing in Geneva and Zurich?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 144(IV), pages 703-730, December.
    4. Viggo Nordvik & Liv Osland & Inge Thorsen & Ingrid Sandvig Thorsen, 2019. "Capitalization of neighbourhood diversity and segregation," Environment and Planning A, , vol. 51(8), pages 1775-1799, November.
    5. Tuukka Saarimaa & Mika Kortelainen, 2012. "Do Homeowners Benefit the Neighborhood? Evidence from Semiparametric Hedonic Regressions," ERSA conference papers ersa12p472, European Regional Science Association.
    6. repec:ner:leuven:urn:hdl:123456789/424882 is not listed on IDEAS
    7. Li, Qiang, 2014. "Ethnic diversity and neighborhood house prices," Regional Science and Urban Economics, Elsevier, vol. 48(C), pages 21-38.
    8. J. Sebastian Leguizamon & Susane Leguizamon, 2017. "Disentangling the effect of tolerance on housing values: how levels of human capital and race alter this link within the metropolitan area," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 59(2), pages 371-392, September.

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