My research looks at the way that changing neighborhood racial composition impacts property values. Housing market reactions to changing neighborhood racial composition may be one of the primary reasons for persistently high levels of black-white residential segregation. Most of the previous research on this topic was done in the 1960's and 1970's, and there is reason to expect that the patterns may have shifted since then. By focusing on the 1990-2005 time period, my research significantly updates the age-old question of "Do property values drop when blacks move in?" The geographical focus of this project is the greater Philadelphia Metropolitan area, however, the patterns observed are likely similar to other US post-industrial cities, particularly of the Northeast and Midwest. Recent home sales transactions are used to estimate property values by tract, which in turn is used to calculate home value appreciation. Decennial census data is used to quantify the shift in neighborhood racial composition, and National Center for Education Statistics (NCES) data is used to examine whether or not school district racial composition has a separate impact more significant than neighborhood racial composition. The major finding is that neighborhoods which experienced substantial racial transition had lower levels of home value appreciation than comparable predominately white neighborhoods. My results suggest that the dynamics of the housing market further exacerbate the racial inequality that is already present in the labor market and in educational attainment, which subsequently contributes to a large and persistent racial wealth gap.
|Commitee:||Flippen, Chenoa, Shlay, Anne, Wray, Matt|
|School Location:||United States -- Pennsylvania|
|Source:||DAI-A 73/05, Dissertation Abstracts International|
|Subjects:||Geography, Economics, Ethnic studies, Demography|
|Keywords:||Appreciation, Housing prices, Integration, Neighborhoods, Racial composition, Segregation, Urban geography|
Copyright in each Dissertation and Thesis is retained by the author. All Rights Reserved
The supplemental file or files you are about to download were provided to ProQuest by the author as part of a
dissertation or thesis. The supplemental files are provided "AS IS" without warranty. ProQuest is not responsible for the
content, format or impact on the supplemental file(s) on our system. in some cases, the file type may be unknown or
may be a .exe file. We recommend caution as you open such files.
Copyright of the original materials contained in the supplemental file is retained by the author and your access to the
supplemental files is subject to the ProQuest Terms and Conditions of use.
Depending on the size of the file(s) you are downloading, the system may take some time to download them. Please be