Racial Preferences and Housing Prices

Cayetano Paderanga

No 198011, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: This paper studies and tests a hypothesis about how racial preferences influence the choice of urban residential location. The hypothesis implies a pattern of housing prices which lead to racial segregation. Data from San Mateo Country, California is used in the study. Utilizing the technique of hedonic price index estimation, the paper concludes that the empirical results are consistent with the hypothesis of racial preferences by households which ultimately result in racial segregation.

Date: 1980-11
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Published as UPSE Discussion Paper No. 1980-11, November 1980

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Persistent link: https://EconPapers.repec.org/RePEc:phs:dpaper:198011

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