Thursday, April 23, 2015

The Daily Stat from Harvard Business Review

  The Daily Stat - Harvard Business Review

April 23, 2015



White Flight Led to Large Rise in Home Ownership by Blacks


The movement of whites to U.S. suburbs between 1940 and 1980 facilitated a dramatic rise in property ownership by African-Americans, according to an analysis by Leah P. Boustan of the University of California Los Angeles and Robert A. Margo of Boston University. During those decades, home ownership among metropolitan black households rose by 27 percentage points, with nearly three-quarters of the increase occurring in central cities. About 26% of the national increase in black homeownership over the period is explained by white suburbanization, the researchers say.






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