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.
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Coate, D., Vanderhoff, J. Race of the homeowner and appreciation of single-family homes in the United States. J Real Estate Finan Econ 7, 205–212 (1993). https://doi.org/10.1007/BF01096966
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DOI: https://doi.org/10.1007/BF01096966