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Title: The Effects of the 1930s Holc 'Redlining' Maps

Citation Type: Journal Article

Publication Year: 2021

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Abstract: We study the effects of the 1930s-era HOLC “redlining” maps on the long-run trajectories of neighborhoods. Using a boundary design and propensity score methods, we find that the maps led to reduced home ownership rates, house values, and rents and increased racial segregation in later decades. We also compare cities on either side of a population cutoff that determined whether maps were drawn and find broadly similar results. We conclude that the HOLC maps had meaningful and lasting effects on the development of urban neighborhoods through reduced credit access and subsequent disinvestment.

Url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3038733

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Authors: Aaronson, Daniel; Hartley, Daniel A.; Mazumder, Bhashkar

Periodical (Full): AMERICAN ECONOMIC JOURNAL: ECONOMIC POLICY

Issue: 4

Volume: 13

Pages: 355-392

Data Collections: IPUMS USA - Ancestry Full Count Data

Topics: Housing and Segregation, Land Use/Urban Organization, Population Mobility and Spatial Demography, Race and Ethnicity

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