| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28146 |
| 来源ID | Working Paper 28146 |
| The HOLC Maps: How Race and Poverty Influenced Real Estate Professionals\u2019 Evaluation of Lending Risk in the 1930s | |
| Price V. Fishback; Jessica LaVoice; Allison Shertzer; Randall Walsh | |
| 发表日期 | 2020-11-30 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | During the late 1930s, the Home Owners’ Loan Corporation (HOLC) developed a series of area descriptions with color-coded maps of cities that summarized mortgage lending risk. We provide evidence that these maps were not the primary source used by the FHA to create their “redlining” maps for insuring mortgages. Instead, the HOLC maps provide a unique snapshot of how real estate professionals perceived lending risk in the 1930s. These perceptions were shaped by a wide range of factors including race, income, and housing quality. We use the maps to explore the mechanisms behind the prevalence of black residents in the lowest-rated neighborhoods. Our results suggest that racial bias in the construction of the HOLC maps can explain at most 4 to 20 percent of the observed concentration of black households in the lowest-rated zones. Instead, our results suggest that the majority of black households were located in such zones because decades of disadvantage and discrimination had already pushed them into the core of economically distressed neighborhoods prior to the federal government’s involvement in mortgage markets. |
| 主题 | Labor Economics ; Demography and Aging ; History ; Other History ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w28146 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585820 |
| 推荐引用方式 GB/T 7714 | Price V. Fishback,Jessica LaVoice,Allison Shertzer,et al. The HOLC Maps: How Race and Poverty Influenced Real Estate Professionals\u2019 Evaluation of Lending Risk in the 1930s. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28146.pdf（2912KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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