Housing Markets, Government Programs, and Race during the Great Depression

Persistent Link:
http://hdl.handle.net/10150/145438
Title:
Housing Markets, Government Programs, and Race during the Great Depression
Author:
Kollmann, Trevor Matthew
Issue Date:
2011
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
The thesis focuses on the role of race and poverty programs in influencing the housing market in the 1930s. I investigate claims that African American in-migration resulted in the decline of neighborhood property values in New York during the Great Depression. I find that contrary to the expectations of economists and government officials, African American migration initially increased housing values. However, this premium disappeared as the neighborhood was increasingly settled by African Americans.During the 1930s the federal and state governments introduced several programs designed to help people stay in their homes. In my analysis using U.S. Census data from 1920, 1930, and 1940, the results suggest that among the New Deal programs for non-farm households, the Federal Housing Administration was the only program that had a positive and statistically significant influence on the probability of home ownership for both white and black households. The Home Owners' Loan Corporation appears to have had no influence on home ownership rates. Among the farm programs, Agricultural Adjustment Administration (AAA) grants are negatively associated with white farm home ownership rates, but had no statistically significant effect for black farmers which are consistent with previous findings that found the AAA spurred black out-migration from the rural south. Mortgage moratorium laws were associated with an increase in white farmers home ownership rates.Federal public housing for the poor was introduced during the New Deal. I examine how housing officials selected the location of public housing and measures the effect of public housing on surrounding contract rents in New York City between 1934 and 1940. I find that public housing was constructed in poor, crowded neighborhoods with nearby public transportation. My findings also suggest that public housing increased the share of contract rents throughout the city. The magnitude of the effect also appeared to not dissipate as the distance to public housing increased. However, my results suggest that the early public housing projects constructed by the Public Works Administration led to greater spillovers in in contract rents than the later projects constructed by the United States Housing Authority.
Type:
Electronic Dissertation; text
Keywords:
Great Depression; Housing; New Deal; Segregation
Degree Name:
Ph.D.
Degree Level:
doctoral
Degree Program:
Graduate College; Economics
Degree Grantor:
University of Arizona
Advisor:
Fishback, Price V.

Full metadata record

DC FieldValue Language
dc.language.isoenen_US
dc.titleHousing Markets, Government Programs, and Race during the Great Depressionen_US
dc.creatorKollmann, Trevor Matthewen_US
dc.contributor.authorKollmann, Trevor Matthewen_US
dc.date.issued2011-
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.abstractThe thesis focuses on the role of race and poverty programs in influencing the housing market in the 1930s. I investigate claims that African American in-migration resulted in the decline of neighborhood property values in New York during the Great Depression. I find that contrary to the expectations of economists and government officials, African American migration initially increased housing values. However, this premium disappeared as the neighborhood was increasingly settled by African Americans.During the 1930s the federal and state governments introduced several programs designed to help people stay in their homes. In my analysis using U.S. Census data from 1920, 1930, and 1940, the results suggest that among the New Deal programs for non-farm households, the Federal Housing Administration was the only program that had a positive and statistically significant influence on the probability of home ownership for both white and black households. The Home Owners' Loan Corporation appears to have had no influence on home ownership rates. Among the farm programs, Agricultural Adjustment Administration (AAA) grants are negatively associated with white farm home ownership rates, but had no statistically significant effect for black farmers which are consistent with previous findings that found the AAA spurred black out-migration from the rural south. Mortgage moratorium laws were associated with an increase in white farmers home ownership rates.Federal public housing for the poor was introduced during the New Deal. I examine how housing officials selected the location of public housing and measures the effect of public housing on surrounding contract rents in New York City between 1934 and 1940. I find that public housing was constructed in poor, crowded neighborhoods with nearby public transportation. My findings also suggest that public housing increased the share of contract rents throughout the city. The magnitude of the effect also appeared to not dissipate as the distance to public housing increased. However, my results suggest that the early public housing projects constructed by the Public Works Administration led to greater spillovers in in contract rents than the later projects constructed by the United States Housing Authority.en_US
dc.typeElectronic Dissertationen_US
dc.typetexten_US
dc.subjectGreat Depressionen_US
dc.subjectHousingen_US
dc.subjectNew Dealen_US
dc.subjectSegregationen_US
thesis.degree.namePh.D.en_US
thesis.degree.leveldoctoralen_US
thesis.degree.disciplineGraduate Collegeen_US
thesis.degree.disciplineEconomicsen_US
thesis.degree.grantorUniversity of Arizonaen_US
dc.contributor.advisorFishback, Price V.en_US
dc.contributor.committeememberDall'erba, Sandyen_US
dc.contributor.committeememberOaxaca, Ronald L.en_US
dc.identifier.proquest11643-
dc.identifier.oclc752261490-
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