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Price and prejudice : housing rents reveal racial animus

Brülhart, Marius; Klinke, Gian-Paolo; Marcucci, Andrea; … - 2023

We study market rents in the neighborhood of asylum seeker hosting centers. Our empirical setting exploits the quasi-random opening of centers and spatial allocation of asylum seekers in Switzerland. Rents within 0.7km of an active center are found on average to be 3.8% lower than rents in the...

Persistent link: https://www.econbiz.de/10014251417

Price and prejudice : housing rents reveal racial animus

Brülhart, Marius; Klinke, Gian-Paolo; Marcucci, Andrea; … - 2023

Persistent link: https://www.econbiz.de/10014266753

Measuring the value of rent stabilization and understanding its implications for racial inequality : evidence from New York City

Chen, Ruoyu; Jiang, Hanchen; Quintero, Luis E. - 2022

Assessing rent discounts implied by rent regulation is challenging because the counterfactual rents of regulated units … in the unregulated market are not observed. We estimate these counterfactual rents and predict the quality-adjusted rent … discount for each rent-stabilized unit in New York City (NYC) using novel data from 2002 to 2017. We find robust average rent …

Persistent link: https://www.econbiz.de/10013256776

Estimating Racial Price Differentials in the Housing Market

Bayer, Patrick J. - 2013

This paper uses unique panel data covering over two million repeat-sales housing transactions from four metropolitan areas to test for the presence of racial price differentials in the housing market. Drawing on the strengths of these data, our research design controls carefully for unobserved...

Persistent link: https://www.econbiz.de/10013083105

Segregation, housing and neighborhood dissimilarities : a case study for the city of Bochum

Bonakdar, Said Benjamin - 2021

The rising concentration of low-income households and ethnic minorities has become an important policy issue in Germany. The Ruhr Area is particularly interesting, because it is one of the largest conurbations in Europe and experienced radical structural changes in the past, which are connected...

Persistent link: https://www.econbiz.de/10012549543

Hedonic price-rent ratios, user cost, and departures from equilibrium in the housing market

Hill, Robert J.; Syed, Iqbal A. - 2014

Disequilibrium in the housing market can be detected by comparing the actual price-rent ratio with its equilibrium … presence of omitted variables. Applying this method to a data set consisting of 730,000 individual price and rent transactions … we find that quality adjusting significantly reduces the actual price-rent ratio. We then insert these quality adjusted …

Persistent link: https://www.econbiz.de/10010359516