Racial Covenant's Lasting Effects on Black Residency in the Twin Cities
A recent 2020 study by Aradhya Sood, William Speagle, and Kevin Ehrman-Solberg from the University of Minnesota Department of Economics shows that a one percentage point increase in covenanted homes reduces Black ownership by 19%. Additionally, if a home had been covenanted the current home price is 15% higher than non-covenanted homes.
I created a short presentation on this study shown below:
This study has not yet been published, however, it’s on track to be published soon.
Learn more about racial covenants in the Minneapolis area at the Mapping Prejudice project website.