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by marris
1402 days ago
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I first heard about black owner appraisal discrimination almost a year ago, and I tried to find studies of this phenomenon. The closest thing I could find was this study by Brookings (https://www.brookings.edu/research/biased-appraisals-and-the...) which found that homes in black neighborhoods are appraised at lower values than structurally comparable homes in non-black neighborhoods. I have not seen a study of the situation described in this article, where the owner swaps family photos and asks a non-black friend to meet the appraiser. Does anyone know of a study? I am interested in whether this effect is real and any attempts to quantify its magnitude. There have been numerous articles like this one, but I fear that they suffer from publication bias (no one prints the article where the black owner received the same or higher appraisal), and the presented sample size is always small. |
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