"We present estimates of home ownership for African-American and white households from 1870 to 2007. The estimates pertain to a sample of households headed by adult men participating in the labor force but the substantive findings are unchanged if the analysis is extended to all households. Over...

The racial gap in the value of owner occupied housing has narrowed substantially since 1940, but this narrowing has not been even over time or across space. The 1970s stand out as an unusual decade in which the value gap did not narrow despite continued convergence in the observed...