Investigating the Relationship Between Real Estate Agents, Segregation, and House Prices: Steering and Upselling in New York State

被引:58
作者
Besbris, Max [1 ]
Faber, Jacob William [2 ]
机构
[1] Rice Univ, Dept Sociol, 6100 Main St MS 28, Houston, TX 77005 USA
[2] NYU, Robert F Wagner Sch Publ Serv, 295 Lafayette St 3rd Floor, New York, NY 10012 USA
关键词
bias; housing; racial inequality; real estate agents; segregation; upselling; RESIDENTIAL SEGREGATION; SPATIAL DYNAMICS; BLACK; WHITE; RACE; DISCRIMINATION; NEIGHBORHOODS; TRANSACTIONS; PREFERENCES; INEQUALITY;
D O I
10.1111/socf.12378
中图分类号
C91 [社会学];
学科分类号
030301 ; 1204 ;
摘要
This article leverages a unique data set, recently developed regression methods, and qualitative interviews to investigate the multiple ways real estate agents produce housing inequality. We find that the clustering of agents in and around certain neighborhoods correlates positively with house prices. Our results also show a significant relationship between agent concentration and racial segregation. Our qualitative data reveal how agents engage in steering and upselling. The findings enhance our understanding of mechanisms in the housing market, and provide more empirical clarity on the role real estate agents play in asset and place inequality.
引用
收藏
页码:850 / 873
页数:24
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