2004
Abstract:
Racial disparities in housing remain endemic to U.S.
metropolitan areas. Those disparities derive from
variability across groups in the constraints, preferences, and endowments that govern the
household mobility, homeownership, and residential location
decisions. While white households historically have displayed
high levels of movement to and homeownership in suburban
locations, only damped rates have been evidenced among
blacks and Latinos. Further, as is well appreciated, minority
households are characterized by depressed levels of
homeowner ship overall. The substantially lower rates of
suburbanization among minority households give rise to
concerns regarding their access to and consumption of such
location-specific amenities as safer neighborhoods and better
schools. The depressed levels of minority homeownership have
further adverse implications for the wealth accrual and upward
economic mobility of those groups.
