Race of the homeowner and appreciation of single-family homes in the United States

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17 Scopus citations

Abstract

In this article we use data from the annual housing surveys to compare the real appreciation of black- and white-owned single-family homes in the U.S. in the 1974 to 1983 period. The empirical results show that single-family home appreciation depends primarily on income and population growth in the local real estate market and that race of the homeowner is not important to the appreciation process.

Original languageEnglish (US)
Pages (from-to)205-212
Number of pages8
JournalThe Journal of Real Estate Finance and Economics
Volume7
Issue number3
DOIs
StatePublished - Nov 1993

All Science Journal Classification (ASJC) codes

  • Accounting
  • Finance
  • Economics and Econometrics
  • Urban Studies

Keywords

  • Black
  • white housing appreciation

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