Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood A
This dataset tracks rent and rental costs in home owners loan corporation (holc) neighborhood a over time.
Latest Value
1117.00
Year-over-Year Change
25.93%
Date Range
1/1/1930 - 1/1/2010
Summary
This series tracks the average rental costs in HOLC 'A' grade neighborhoods, which were historically considered the most desirable residential areas. It provides insight into housing affordability and trends in rental markets for high-income communities.
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 'Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood A' series measures the average monthly rents in neighborhoods designated as 'A' grade by the HOLC, a federal agency that mapped and graded urban neighborhoods in the 1930s. This data offers historical perspective on rental costs in areas that were considered the 'best' communities at the time.
Methodology
The data is calculated based on surveys of rental properties in HOLC 'A' neighborhoods.
Historical Context
This rental cost trend is used by housing researchers and policymakers to study historical patterns of housing affordability and inequality.
Key Facts
- HOLC 'A' neighborhoods were historically redlined as the 'best' areas for lending.
- Rental costs in 'A' neighborhoods were often unaffordable for non-white families.
- This data provides historical context on housing inequality in the United States.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average monthly rental costs in neighborhoods designated as 'A' grade by the Home Owners Loan Corporation (HOLC) in the 1930s, which were considered the most desirable residential areas at the time.
Q: Why is this trend relevant for users or analysts?
A: This data provides historical perspective on housing affordability and inequality, as HOLC 'A' neighborhoods were often unaffordable for non-white families despite being classified as the 'best' communities.
Q: How is this data collected or calculated?
A: The data is calculated based on surveys of rental properties in HOLC 'A' neighborhoods.
Q: How is this trend used in economic policy?
A: This rental cost trend is used by housing researchers and policymakers to study historical patterns of housing affordability and inequality in the United States.
Q: Are there update delays or limitations?
A: The data may have limitations due to the historical nature of the HOLC neighborhoods and potential gaps in survey coverage over time.
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Citation
U.S. Federal Reserve, Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood A (RLMSHRENTHOLCNA), retrieved from FRED.