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Housing Equality & Policy

Race & Real Estate

The Price of Racial Bias: Homes in Black Neighborhoods Are Valued at an Average of $46,000 Less Than Similar Homes in White Neighborhoods

Compared with homes in primarily white neighborhoods, homes in primarily Black areas have consistently been valued at tens of thousands of dollars less over the last decade, after accounting for fundamental factors that contribute to home values, like square footage and walkability. The discrepancy is a way to measure the cost to Black families of […]
Climate Change

A Racist Past, a Flooded Future: Formerly Redlined Areas Have $107 Billion Worth of Homes Facing High Flood Risk—25% More Than Non-Redlined Areas

In dozens of American cities including Sacramento and Chicago, formerly redlined neighborhoods have a larger share of homes endangered by flooding than neighborhoods that weren’t targeted by the racist 1930s housing policy. Many of these at-risk neighborhoods remain predominantly nonwhite. Modern flood-risk maps bear a striking resemblance to 1930s redlining maps. Americans living in formerly […]
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