Property value segregation: Difference between revisions
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====== Date and country of first publication<ref>Date and country of first publication as informed by the Scopus database (December 2023).</ref>====== | |||
2007<br> | 2007<br> | ||
United states | |||
====== Definition ====== | |||
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Property value segregation refers to the practice of valuing or assessing residential or commercial properties differently based on certain characteristics such as race, ethnicity, or income level. This can result in the systematic devaluation of properties in certain neighborhoods or communities, leading to unequal access to resources and opportunities for residents. | Property value segregation refers to the practice of valuing or assessing residential or commercial properties differently based on certain characteristics such as race, ethnicity, or income level. This can result in the systematic devaluation of properties in certain neighborhoods or communities, leading to unequal access to resources and opportunities for residents. | ||
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==See also== | ==See also== | ||
==References== | ==References== | ||
==Notes== | |||
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==Further reading== | ==Further reading== | ||
Cao L.; Priemus H. (2007) "Spatial disparities and housing market deregulation in the Randstad region: A comparison with the San Francisco Bay Area", European Urban and Regional Studies, 14(4), pp. 362-381. . DOI: [ | Cao L.; Priemus H. (2007) "Spatial disparities and housing market deregulation in the Randstad region: A comparison with the San Francisco Bay Area", European Urban and Regional Studies, 14(4), pp. 362-381. . DOI: [htttp://doi.org/10.1177/0969776407076289 10.1177/0969776407076289] |
Revision as of 17:42, 8 April 2024
Date and country of first publication[1]
2007
United states
Definition
At its current state, this definition has been generated by a Large Language Model (LLM) so far without review by an independent researcher or a member of the curating team of segregation experts that keep the Segregation Wiki online. While we strive for accuracy, we cannot guarantee its reliability, completeness and timeliness. Please use this content with caution and verify information as needed. Also, feel free to improve on the definition as you see fit, including the use of references and other informational resources. We value your input in enhancing the quality and accuracy of the definitions of segregation forms collectively offered in the Segregation Wiki ©.
Property value segregation refers to the practice of valuing or assessing residential or commercial properties differently based on certain characteristics such as race, ethnicity, or income level. This can result in the systematic devaluation of properties in certain neighborhoods or communities, leading to unequal access to resources and opportunities for residents.
Historically, property value segregation has been driven by discriminatory practices such as redlining, which involved drawing maps to identify neighborhoods considered to be high risk for lending purposes based on the racial or ethnic composition of the residents. This led to limited access to credit and investment, resulting in a decline in property values and a lack of resources for these communities.
Property value segregation can perpetuate cycles of poverty and inequality, as it affects the ability of residents in undervalued neighborhoods to build wealth through home ownership or attract businesses and investment. It can also contribute to disparities in educational opportunities, access to quality healthcare, and public services.
Efforts to address property value segregation include initiatives to promote fair housing practices, enforce anti-discrimination laws, and create incentives or programs to invest in disadvantaged communities. Additionally, improving access to quality education, affordable housing, and community resources can help mitigate the effects of property value segregation and promote more equitable development.
See also
References
Notes
- ↑ Date and country of first publication as informed by the Scopus database (December 2023).
Further reading
Cao L.; Priemus H. (2007) "Spatial disparities and housing market deregulation in the Randstad region: A comparison with the San Francisco Bay Area", European Urban and Regional Studies, 14(4), pp. 362-381. . DOI: [htttp://doi.org/10.1177/0969776407076289 10.1177/0969776407076289]