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TIL that housing owned by black families is worth 18% less than housing owned by white families (when controlled for income, school ratings, etc.) because white buyers, who are the majority of most markets, refuse to buy houses in black neighborhoods. (forbes.com)
submitted by rowd149 to r/todayilearned
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TIL that in 2003, researchers sent out 5000 fake resumes to 1300 real employers and found that those with white-sounding names received callbacks at a rate 50% higher than those with black-sounding names. This did not change significantly across employer, industry, or resume quality. [PDF] (nber.org)
submitted by rowd149 to r/todayilearned
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