African Americans in the United States are considerably less likely to own their homes compared to Whites. Differences in household income and other socio-economic and demographic characteristics can only partially explain this gap and previous studies suggest that the 'unexplained' gap has...

In a society where people of all races are perceived equally, the neighborhood racial composition should not impact house price, ceteris paribus. Prior work has robustly identified house price discounts associated with increasing proportions of Black neighborhood residents in some housing...

Neighborhood racial segregation continues to be a major social problem within America's metropolitan areas. One factor possibly accounting for segregation is the inability of minority households to afford housing in White neighborhoods, where housing units historically have been largely...

On the 50th anniversary of the Fair Housing Act it is imperative to take a critical look at segregation and discrimination in the United States, and the opportunities and challenges associated with making progress on this pressing issue. In that spirit, we released a call for papers focusing on...

This paper exploits an unusually rich data set to estimate racial differences in the rents paid for identical housing in the same neighborhood in U.S. housing markets and how they vary with neighborhood racial composition. It overcomes the shortcomings of the data used in previous studies. It is...

The key to identifying racial price differentials in housing markets is to test whether minority and non-minority buyers pay similar prices for comparable housing. The heterogeneous nature of the residential housing market and racial sorting of buyers into neighborhoods violates the...

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...

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...