Property values drop when blacks move in, because... : Racial and socioeconomic determinants of neighborhood desirability

@inproceedings{Harris1999PropertyVD,
  title={Property values drop when blacks move in, because... : Racial and socioeconomic determinants of neighborhood desirability},
  author={David R. Harris},
  year={1999}
}
Are housing prices lower in neighborhoods with high concentrations of black residents. If so, is this relationship evidence of pure discrimination, or can it be explained by considering nonracial neighborhood traits? These questions derive their importance from the link between mobility patterns and residential segregation, and the consequent relationship between high levels of segregation and a host of deleterious outcomes. I assess the magnitude and motivations of racial aversion by… CONTINUE READING

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