Homeownership segregation

Date and country of first publication

2022
India

Definition

Homeownership segregation refers to the separation of individuals or families into different neighborhoods or communities based on their race, ethnicity, or socioeconomic status.

This form of segregation occurs when certain groups, typically minority or low-income populations, are excluded from accessing homes in desirable or affluent neighborhoods. It can be a result of various factors, including discriminatory practices such as redlining, which involved denying mortgage loans or insurance to individuals in certain areas based on their race or ethnicity.

Homeownership segregation perpetuates inequality and can lead to unequal access to quality education, healthcare, and other resources. It also impacts generational wealth accumulation, as homeownership is often seen as a primary way to build wealth and pass it on to future generations. This form of segregation has long-lasting effects on communities and contributes to the perpetuation of racial and economic disparities.

Efforts to address homeownership segregation include fair housing laws and programs aimed at providing affordable housing in all neighborhoods, as well as initiatives to promote financial literacy and access to mortgage loans for marginalized communities.

Related segregation forms

Homeownership segregation is frequently discussed in the literature with the following segregation forms:

income segregation

For the complete network of associated segregation forms, see: 

clusters https://tinyurl.com/2d8wg5n3 

year of publication https://tinyurl.com/2235lkhw 

betweenness centrality https://tinyurl.com/223udk5r 

disciplines where segregation forms first appeared https://tinyurl.com/244d8unz 

Notes

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 ©.

Homeownership segregation appears in the following literature

Kulkarni N., Malmendier U. (2022). Homeownership segregation. Journal of Monetary Economics, 129(), 123-149. Elsevier B.V..https://doi.org/10.1016/j.jmoneco.2022.05.001

Molloy R. (2022). Discussion of “Homeownership segregation”. Journal of Monetary Economics, 129(), 150-152. Elsevier B.V..https://doi.org/10.1016/j.jmoneco.2022.04.002