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:

Racial covenants effects on today's home ownership Racial covenants were clauses in property deeds that prohibited the sale or renting of a property to specific religious and ethnic minorities.

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.