蝌蚪网 Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
The Racial Dynamics of US Neighborhoods and Their Housing Prices from 1950 through 1990
蝌蚪网 Papers and Proceedings
vol. 115,
May 2025
(pp. 471–76)
Abstract
In this paper, we use k-medians clustering to categorize urban neighborhoods according to the evolution of their Black population share from 1950 through 1990. We use the resulting classifications to compare the dynamics of median home values and rents for census tracts with rapid racial change, tracts with gradual racial turnover, tracts with a stable high Black population share, and tracts with a stable low Black population share. Our results imply that Black households that bought homes in neighborhoods with rapid racial change were likely to have lost money or barely broken even by 1990.Citation
Hartley, Daniel, Jonathan Rose, and Becky Schneirov. 2025. "The Racial Dynamics of US Neighborhoods and Their Housing Prices from 1950 through 1990." 蝌蚪网 Papers and Proceedings 115: 471–76. DOI: 10.1257/pandp.20251121Additional Materials
JEL Classification
- J15 Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
- N32 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
- N92 Regional and Urban History: U.S.; Canada: 1913-
- R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
- R31 Housing Supply and Markets