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作者

来源

JOURNAL OF HOUSING ECONOMICS,Vol.40,IssueSI,P.41-72

语言

英文

关键字

MORTGAGE; INSURANCE; OUTCOMES; BOSTON; INCOME; RISK; ACT

作者单位

[Harris, Timothy F.] Illinois State Univ, Dept Econ, Coll Arts & Sci, Stevenson Hall 425, Normal, IL 61790 USA. [Yelowitz, Aaron] Univ Kentucky, Dept Econ, Gatton Coll Business & Econ, 550 South Limestone St, Lexington, KY 40506 USA. Yelowitz, A (reprint author), Univ Kentucky, Dept Econ, Gatton Coll Business & Econ, 550 South Limestone St, Lexington, KY 40506 USA. E-Mail: tfharr1@ilstu.edu; aaron@uky.edu

摘要

An important question aside from outright discrimination is whether poor underlying race relations in an area might create a chilling effect on homeownership for minorities. From 2012 onward, there were a series of high profile events in the U.S. related to police brutality which highlighted racial tension. Using Google Trends, we characterize a locality's underlying racial climate based on search interest in these charged events. We use data from the American Community Survey prior to any of these flare-ups and show that the ownership decision for blacks is responsive to the racial climate; black homeownership in localities with the most charged racial climates is 5.6 percentage points lower than in the least charged racial climates based on a sample of movers.