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levels of housing discrimination are a significant contributor to residential segregation in U.S. cities and metropolitan … areas. Through the course of this chapter, the reader will find that the empirical patterns of racial segregation in the U … creating the high levels of segregation that we observe in U.S. metropolitan areas today, but the appropriate policy responses …
Persistent link: https://www.econbiz.de/10005838991
markets, homeownership costs are in line with rental costs. In these areas, it is practical and desirable to focus on policies … that keep homeowners in their homes. The report goes on to show that in bubble-inflated markets, however, homeownership is …
Persistent link: https://www.econbiz.de/10005651426
, while demonstrating the wide diversity in housing markets across the nation, finds that in many areas, homeownership costs … their homes. The report goes on to show that in bubble-inflated markets, however, homeownership is not only a costly and …
Persistent link: https://www.econbiz.de/10005784519
self-selection plays an important role in immigrant residential segregation. …
Persistent link: https://www.econbiz.de/10009399841
self-selection plays an important role in immigrant residential segregation. …
Persistent link: https://www.econbiz.de/10010720396
Using paired testing data from the 1989 and 2000 Housing Discrimination Studies (HDS) and data on fair housing enforcement activities during the 1990s in the corresponding metro areas, we investigate whether 1989-2000 changes in the metropolitan incidence of racial/ethnic discrimination...
Persistent link: https://www.econbiz.de/10005746132
This paper uses a semiparametric homeownership model to estimate and to decompose the household-level white …–black homeownership gap into an endowment component and a residual component across the distribution of homeownership rates. We find that … the racial gap differs across homeownership rates and that studies that examine the gap only at the mean may be misleading …
Persistent link: https://www.econbiz.de/10010608495
This paper analyzes data from a recently completed study of discrimination against African-American and Hispanic homebuyers when they visit mortgage lending institutions in two major metropolitan markets to make pre-application inquiries. It represents the first application of paired testing to...
Persistent link: https://www.econbiz.de/10005800232
With regard to the recent US house price cycle, we analyze how the interaction between housing supply restrictions, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan Statistical Areas, we estimate a simultaneous boom-bust...
Persistent link: https://www.econbiz.de/10011196566
This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership … rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and …
Persistent link: https://www.econbiz.de/10005017492