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Title: Race and the Value of Owner-Occupied Housing, 1940-1990

Citation Type: Journal Article

Publication Year: 2003

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Abstract: We use data from the Integrated Public Use Microdata Series (IPUMS) to document racial convergence in the value of owner-occupied housing from 1940 to 1990. Most of this convergence occurred before 1970, as black & white-owned units became more similar in terms of housing characteristics & as black & white homeowners became more similar in terms of their household characteristics. During the 1970s, convergence in values stalled despite continued convergence in housing & household characteristics; thus, the "unexplained" or residual portion of the racial value gap increased. Because changes within metropolitan areas are central to the post-1970 story, we go on to explore the changing empirical connection between urban residential segregation & the racial value gap. 5 Tables, 1 Figure, 38 References. [Copyright 2004 Elsevier B.V.].

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Authors: Margo, Robert A.; Collins, William J.

Periodical (Full): Regional Science and Urban Economics

Issue: 3

Volume: 33

Pages: 255-286

Data Collections: IPUMS USA

Topics: Housing and Segregation, Race and Ethnicity

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