Sep 17, 2022
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Dolls made by David Harshbarger
IG: https://www.instagram.com/snowcrowstudio/
Etsy: https://www.etsy.com/shop/SnowCrowStudio
Owner-occupied homes in black neighborhoods are undervalued by $48,000 per home on average, amounting to $156 billion in cumulative losses.
Majority-black neighborhoods hold $609 billion in owner-occupied housing assets and are home to approximately 10,000 public schools and over 3 million businesses. We find that in the average U.S. metropolitan area, homes in neighborhoods where the share of the population is 50 percent black are valued at roughly half the price as homes in neighborhoods with no black residents.
Special Report - THE DEVALUATION OF ASSETS IN BLACK NEIGHBORHOODS
Special Report – THE DEVALUATION OF ASSETS IN BLACK NEIGHBORHOODS
Above photo The Brookings Institute is an independent, nonprofit organization that analyzes public policies and publishes its findings in relation to scholarship and public policy. (Photo by © Shepard Sherbell/CORBIS SABA/Corbis via Getty Images)
[Washington, DC] This special report is provided courtesy of the Brookings Institute and explores the case of residential properties.
Presented by the…
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