Segregated housing markets and the erosion of black wealth: New evidence from pre-war cities by Prottoy A. Akbar, Sijie Li, Allison Shertzer, Randall Walsh 31 August 2019
The Great Migration is associated with increased residential segregation in northern cities, inflating rents and eroding housing values. This column uses new data at the block level to estimate the scale of price changes. Segregation and ghetto expansion meant that much of the gain in earnings for black families who moved north were canceled out. The effects of this are still felt today. Read more here.