The median listing in a neighborhood. Where blacks make up less than 1 percent of the population stands Don’t Care Bear Weed Shirt at over $341,000. But the authors Andre M. Perry and David Harshbarger of Brookings. And Jonathan Rothwell of Gallup wasn’t satisfied with that simple comparison based solely on neighborhood demographics. It’s too easy to explain that difference away with other factors. Such as the structural characteristics of the buildings. And access to good schools, good jobs, and good stores. There are a lot of reasons that home prices tend to be lower in black neighborhoods than in white ones. Decades of racist policies put in place by governments private companies.
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Segregation, redlining, deed restrictions, exclusionary zoning. The deliberate hollowing out of urban Don’t Care Bear Weed Shirts cores has had the net effect of eroding. The quality of life in many majority-black neighborhoods nationwide. They wanted to isolate the effects of racism alone to peel off all the other explanatory variables. Until they could detect how much racism depletes wealth from black homeowners. As they put it. In the end, they were left with one number: $48,000. The paper teases out important downstream consequences of black home devaluation. Metro areas with more devaluation tend to be more racially segregated. Children growing up in those areas are also less.
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