Article ID Journal Published Year Pages File Type
970775 Journal of Urban Economics 2013 10 Pages PDF
Abstract

Between 1940 and 1980, the homeownership rate among metropolitan African–American households increased by 27 percentage points. Nearly three-quarters of this increase occurred in central cities. We show that rising black homeownership in central cities was facilitated by the movement of white households to the suburban ring, which reduced the price of urban housing units conducive to owner-occupancy. Our OLS and IV estimates imply that 26 percent of the national increase in black homeownership over the period is explained by white suburbanization.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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