[heartwood]

The original study here: https://www.brookings.edu/research/devaluation-of-assets-in-black-neighborhoods/

Purportedly, all things equal, like school quality, transportation, size and age of house, the average home in a black area is valued at $48000 less than a house in a non-black area.

The authors say they were unable to measure crime rates and did not include that factor.

The upside would seem to be that black people have the opportunity to buy a house for less than the rest of us.

[Svartalfiar]

The authors say they were unable to measure crime rates and did not include that factor.

Pretty sure every house-buying site includes a colored map of crime rates, many by block/neighborhood. Considering that's one of the bigger factors most people use in buying a house, they're skipping a big part of their study, and my guess is, is it's the main explanation for their study results!