Graduation Year
2024
Date of Submission
4-2024
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Professor William Lincoln
Terms of Use & License Information
Rights Information
© 2024 Daniel Blackman
Abstract
Large-scale institutional investments significantly impact homeownership rates and racial disparities in housing, particularly in lower income communities. This study assesses the effects of ownership by major investment firms on local housing markets and minority populations. By analyzing a few different case studies in detail that cover different aspects of this relationship, findings indicate that while these investments stabilize housing prices and stimulate local economies, they also considerably reduce homeownership opportunities for Black residents, deepening racial housing disparities. The research highlights the dual role of institutional investors, who bring needed capital to distressed markets but also contribute to displacement and community instability. This thesis aims to not only examine the methodology of these case studies, but to do determine how further research can be built off of them as well.
Recommended Citation
Blackman, Daniel, "Institutional Investment and its Impact on Homeownership and Racial Equity in the U.S. Housing Market" (2024). CMC Senior Theses. 3666.
https://scholarship.claremont.edu/cmc_theses/3666
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
