Racial Disparities in Housing Returns

نویسندگان

چکیده

We document the existence of a racial gap in realized housing returns that is an order magnitude larger than disparities arising from costs alone, and driven almost entirely by differences distressed home sales (i.e. foreclosures short sales). Black Hispanic homeowners are both more likely to experience sale live neighborhoods where erase house value. Importantly, absent financial distress, houses owned minorities do not appreciate at slower rates non-minorities. Racial income stability liquid wealth explain large share distress. use quasi-experimental variation loan modifications show policies restructure mortgages for can increase reduce gap.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Racial disparities in HIV

www.thelancet.com/hiv Vol 4 July 2017 e281 In The Lancet HIV, Steven Goodreau and colleagues report the results of network modelling studies to investigate the sources of disparities in prevalence of HIV infection between black and white men who have sex with men (MSM). The higher prevalence among black MSM is a well recognised public health problem, and evidence that the number of cases among ...

متن کامل

Addressing Racial Disparities in Incarceration

This article reviews the current trends and impact of mass incarceration on communities of color, with a focus on criminal justice policy and practice contributors to racial disparity. The impact of these disproportionate incarceration rates on public safety, offenders, and communities are discussed. Recommendations for criminal justice and other policy reforms to reduce unwarranted racial disp...

متن کامل

Racial/ethnic disparities in nursing.

The racial and ethnic composition of the registered nurse (RN) workforce in California is not at parity with the composition of the population. We find that the underrepresentation of African Americans in nursing in California appears to be due to lower overall educational attainment among African Americans. Underrepresentation of Latinos is due to lower overall educational attainment and, to a...

متن کامل

Racial Disparities in Health Status

OBJECTIVE American Indians and Alaska Natives are 2.3 times more likely to have diabetes than are individuals in the U.S. general population. The objective of this study was to compare morbidity among American Indian and U.S. adults with diabetes. RESEARCH DESIGN AND METHODS We extracted demographic and health service utilization data for an adult American Indian population aged 18-64 years (...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Social Science Research Network

سال: 2021

ISSN: ['1556-5068']

DOI: https://doi.org/10.2139/ssrn.3935503