School Segregation and the Foreclosure Crisis
34 Pages Posted: 28 May 2017
Date Written: May 26, 2017
One overlooked consequence of America's foreclosure crisis is the impact it had on school segregation. Using data on Florida schools, we find that the crisis reduced the racial segregation of elementary schools by opening up affordable housing opportunities to black families in predominantly white neighborhoods. Our analysis has the added importance of providing a natural experiment testing whether more affordable housing in predominantly white school attendance zones will decrease segregation.
Keywords: School Segregation, Housing, Foreclosure
JEL Classification: R00, I24, G21
Suggested Citation: Suggested Citation