3 ms·
Do people pick their dwelling by racial mix? I would expect this to be much more of a function of income and means.
by revelation 13y ago
Do people pick their dwelling by racial mix? I would expect this to be much more of a function of income and means.
- michaelt 13y agoObviously you can't pay more than your means, but the housing market has people bidding against one another for products that differ in dozens of different dimensions. Me, maybe I'm willing to pay more for my favorite architectural style and off-road parking for my motorbike. Maybe you're starting a family, you'll pay more to live in an area with a quality public school, and a park where you can walk your dog. Another person might pay a premium for a safer neighborhood with lower crime rates and more local shops. We all take our preferences, decide what we're willing to pay, and you outbid me because I wasn't willing to pay any premium for that public school (or whatever).
- auctiontheory 13y agoApparently you have never tried to "rent while black."
- bostonvaulter2 13y agoCan you expound upon that? What exactly happens?
- prutschman 13y agoHere is an article on the subject: http://www.nytimes.com/2013/06/12/business/economy/discrimination-in-housing-against-nonwhites-persists-quietly-us-study-finds.html?_r=0 http://www.nytimes.com/2013/06/12/business/economy/discrimin... > In one test, a white customer looking for a two-bedroom apartment was shown a two-bedroom and a one-bedroom and given applications for both, while a Hispanic customer who arrived two hours later was told that nothing was available. In another, a real estate agent refused to meet with a black tester who was not prequalified for a loan, while a white tester was given an appointment without being asked if she had prequalified.