University Study Examines Why Blacks Pay More for Housing Than Whites

houseA study led by researchers at Duke University in Durham, North Carolina, finds that when all other factors are the same, Black Americans still pay more for their housing than their White counterparts. The study of more than 2 million home sales from 1990 to 2008 in four major metropolitan areas studied prices paid by Blacks and Whites for comparable homes in the same neighborhoods. The data showed that Blacks, on average, paid 3.5 percent more. The results were consistent for buyers of the same income, wealth, and credit rating. The racial gap was largest in the Chicago metropolitan market. Los Angeles and San Francisco had the smallest racial gap.

Pat Bayer, professor of economics at Duke and lead author of the study, stated:

“Paying thousands of dollars more for each home purchase obviously makes it more difficult to build home equity and wealth. Our findings highlight these disparities and point toward the need to consider what can be done to help reduce them. The hopeful news is that we do not detect any obvious pattern of prejudice by sellers, raising the prospects for addressing this issue with better real estate information and practices.”

The full article, published by the National Bureau of Economic Research, may be accessed here.

A brief video showing Dr. Bayer discussing the study can be seen below.

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Black Film Project and Film Studies Fellowships Established at Harvard University

Henry Louis Gates Jr., professor and director of the Hutchins Center for African and African American Research at Harvard University, will direct the newly established Black Film Project, an initiative aiming to support independent films focusing on Black history and culture.

Higher Education Grants or Gifts of Interest to African Americans

Here is this week’s news of grants or gifts to historically Black colleges and universities or for programs of particular interest to African Americans in higher education.

Yale Library Acquires Digital Collection of Langston Hughes Papers

In a recent December upload, the Yale University Library added a collection of papers from Black poet Langston Hughes to the school's online archive. The collection contains correspondence between Hughes and other authors and civil rights activists of his time.

Academic Fields Where Blacks Earned Few or No Doctoral Degrees in 2022

In 2022, African Americans earned 1.2 percent of all mathematics and statistics doctorates, 1.2 percent of all doctorates in computer science, 1.7 percent of all doctorates in chemistry, and only 1.7 percent of all doctorates awarded in engineering disciplines.

Featured Jobs