Are historic districts a backdoor for segregation? Yes and no
Jamie Bologna Pavlik and
Yang Zhou
Contemporary Economic Policy, 2023, vol. 41, issue 3, 415-434
Abstract:
We study how historic district programs impact residential segregation in Denver. We find that homebuyers are more likely to be White within historic districts, but official historic designation has no effect on this probability. More specifically, we calculate that the predicted probability of having a White homebuyer increases from 77 to over 80 percent when the home is located within a historic district. Similarly, we find that most transactions flow from White sellers to White buyers, regardless of official designation. Thus, while historic districts tend to be more segregated, official designation does not seem to amplify this existing problem.
Date: 2023
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https://doi.org/10.1111/coep.12590
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Persistent link: https://EconPapers.repec.org/RePEc:bla:coecpo:v:41:y:2023:i:3:p:415-434
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