Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.10
Year-over-Year Change
-6.65%
Date Range
1/1/1910 - 1/1/2010
Summary
The Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C measures homeownership levels in certain historically redlined urban areas. This metric provides insight into the lasting economic impacts of discriminatory housing policies.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HOLC Neighborhood C home ownership rate tracks homeownership in urban neighborhoods that were previously designated as 'hazardous' and denied access to mortgage lending under the discriminatory HOLC redlining system. Understanding this trend is crucial for analyzing the persistent racial wealth gap and informing equitable housing and economic policies.
Methodology
The data is collected through U.S. Census Bureau surveys.
Historical Context
This metric is used by policymakers, housing researchers, and economists to study the legacy of redlining and design interventions to promote more inclusive homeownership.
Key Facts
- HOLC neighborhood grades were based on the racial and ethnic composition of areas.
- Neighborhoods designated as 'hazardous' (Grade D) were often majority-minority communities.
- Homeownership rates remain lower in former HOLC Grade D neighborhoods.
FAQs
Q: What does this economic trend measure?
A: The Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C tracks homeownership levels in certain urban areas that were previously designated as 'hazardous' and denied access to mortgage lending under the discriminatory HOLC redlining system.
Q: Why is this trend relevant for users or analysts?
A: Understanding this trend is crucial for analyzing the persistent racial wealth gap and informing equitable housing and economic policies to address the lasting impacts of redlining.
Q: How is this data collected or calculated?
A: The data is collected through U.S. Census Bureau surveys.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, housing researchers, and economists to study the legacy of redlining and design interventions to promote more inclusive homeownership.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the underlying U.S. Census Bureau surveys.
Related Trends
Share of African Americans in Home Owners Loan Corporation (HOLC) Neighborhood B
RLMSHAAHOLCNB
Share of African Americans in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHAAHOLCNC
Median Home Values in Home Owners Loan Corporation (HOLC) Neighborhood D
RLMSHHVHOLCND
Median Home Values in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHHVHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood B
RLMSHHORHOLCNB
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood B
RLMSHFBHOLCNB
Citation
U.S. Federal Reserve, Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C (RLMSHHORHOLCNC), retrieved from FRED.