The High Cost of Segregation: The Relationship Between Racial Segregation and Subprime Lending

Publication Date: November 2009

Publisher: Furman Center for Real Estate

Author(s): Furman Center for Real Estate and Urban Policy

Research Area: Social conditions

Keywords: Community and Economic Development

Type: Policy Brief


This study examines whether the likelihood that borrowers of different races received a subprime loan varied depending on the level of racial segregation where they live. It looks both at the role of racial segregation in metropolitan areas across the country and at the role that neighborhood demographics within communities in New York City played.