Why do real estate brokers continue to discriminate? Evidence from the 2000 Housing Discrimination Study

Article Abstract:

Factors influencing housing discrimination by real estate brokers on racial grounds are studied using 2000 Housing Discrimination Study data of United States.

United States, Public affairs, Services information, Real estate agents and managers, Real Estate Agents & Brokers, Offices of Real Estate Agents and Brokers, Ethics, Services, Causes of, Real estate agents, Demographic aspects, Ethical aspects, Real estate agents and brokers

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Cash in your face: the cost of racial and ethnic discrimination in housing

Article Abstract:

A study has been conducted to investigate the cost difference that ethnic minorities pay in terms of housing costs compared to white homebuyers. Survey results suggest that African-American and Hispanic homebuyers must either settle for housing that is not as suited for their needs as is the housing found by whites or pay higher search costs than whites do or both, but they do not indicate the magnitude of the loss in housing satisfaction or of the increase in search costs. It has also been found that discrimination in the moving business makes it more difficult for African-American than for white households to find housing with a surplus that is large enough to compensate them for moving costs. No study has investigated discrimination by moving companies.

Residential Buildings, Residential Building Construction, Administration of Housing Programs, New Housing Programs, Research, Residential construction, Finance, Housing, Housing policy, Housing development, Mortgage discrimination

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