Full Citation

Title: On the Impact of Federal Housing Policies on Racial Inequality

Citation Type: Journal Article

Publication Year: 2022

ISBN:

ISSN:

DOI:

NSFID:

PMCID:

PMID:

Abstract: Using data on the value of Federal Housing Administration (FHA) mortgage insurance between 1935 and 1939, I estimate the effect of the agency's program on racial disparities in home ownership and home values. The distance between an FHA office and counties within its jurisdiction is used as an instrument. I find that insurance activity had a negligible effect on the racial gap in home ownership and a sizable effect on the gap in home values. Results suggest that while African American households continued to acquire homes, they may have chosen lower-priced properties, as they lacked the same access to credit as White buyers.

Url: https://www.aeaweb.org/articles?id=10.1257/pandp.20221105

User Submitted?: Yes

Authors: Ali, Omer

Periodical (Full): American Economic Association Journal

Issue:

Volume: 112

Pages: 229-233

Data Collections: IPUMS USA

Topics: Housing and Segregation, Race and Ethnicity

Countries: