Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood C
This dataset tracks rent and rental costs in home owners loan corporation (holc) neighborhood c over time.
Latest Value
880.00
Year-over-Year Change
69.23%
Date Range
1/1/1930 - 1/1/2010
Summary
This economic trend tracks the average monthly rent and rental costs in Home Owners Loan Corporation (HOLC) Neighborhood C areas. It provides insights into housing affordability and cost-of-living dynamics in specific urban regions.
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 RLMSHRENTHOLCNC series measures the typical rental expenditures for residential properties located in HOLC Neighborhood C zones, which were historically redlined and disadvantaged communities. This data is used by policymakers and urban planners to analyze housing access and equity trends over time.
Methodology
The data is collected through household surveys and property management sources by the U.S. Census Bureau.
Historical Context
Tracking rental costs in HOLC Neighborhood C areas is crucial for understanding the legacy of discriminatory housing policies and informing equitable development strategies.
Key Facts
- HOLC Neighborhood C areas were historically 'redlined' and denied access to mortgage lending.
- Rental costs in these disadvantaged communities often exceed regional averages.
- Tracking rental trends is vital for addressing systemic housing inequities.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average monthly rent and rental costs for residential properties located in Home Owners Loan Corporation (HOLC) Neighborhood C areas, which were historically disadvantaged and redlined communities.
Q: Why is this trend relevant for users or analysts?
A: Monitoring rental costs in HOLC Neighborhood C areas provides crucial insights into housing affordability and access, informing efforts to address the legacy of discriminatory housing policies and promote more equitable development.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and property management sources by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this data to analyze housing cost and equity trends, and to inform strategies for improving access and affordability in historically disadvantaged communities.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential gaps in coverage for some HOLC Neighborhood C areas, but the Federal Reserve makes efforts to provide the most comprehensive and timely information possible.
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Citation
U.S. Federal Reserve, Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood C (RLMSHRENTHOLCNC), retrieved from FRED.