This paper finds that neighborhood segregation hurts the home values of black homeowners, thus undermining the wealth-creating potential of homeownership. This "segregation tax" is generally highest where racial segregation is the highest.
In recent years, federal policies have focused on increasing the percentage of Americans who own homes - particularly minorities, since their homeownership rates have lagged behind those of whites. While homeownership has increased for all racial groups, what is not clear is how well this has worked for wealth-creation. This paper finds that in the 100 largest metropolitan areas, black homeowners receive 18 percent less value for their homes than white homeowners. The author, David Rusk, discusses the implications for public policy and offers a series of recommendations for achieving racially balanced and economically diverse neighborhoods. [Complete 14-page report available online.]
Thanks to Kurt Sommer
FULL STORY: The "Segregation Tax": The Cost Of Racial Segregation To Black Homeowners
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
LA Metro’s ultimatum: no extra buses for LA28 if federal funding isn’t imminently secured
If Metro does not provide additional buses, LA28 organizers will have to find a new way to manage Olympic traffic. LA28’s budget does not include a line item for transit.
Colorado’s Largest Data Center Could Rise Next to Homes — Without a Public Hearing
The proposed campus would consume 11 times the power of Denver International Airport; as it has across the country, opposition mounts.
5 New England states march closer to 800 megawatt wind energy project
Securing federal approval for the project may be complicated under the Trump administration, which has historically been hostile towards domestic wind power.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association