This paper decomposes the black-white gap in homeownership propensity into an endowment component and a residual component across its distribution. We document evidence that supports the view that the racial gap differs across its distribution and that studies that only examine the gap at the...

This paper analyzes the black-white racial gap in US house values in 1998 and 2004 when US house prices experienced considerable appreciation. Un- like previous studies which estimated the racial gap at the mean values, we estimate the entire distribution of the racial di erences in housing...