Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood D
This dataset tracks rent and rental costs in home owners loan corporation (holc) neighborhood d over time.
Latest Value
889.00
Year-over-Year Change
112.17%
Date Range
1/1/1930 - 1/1/2010
Summary
This economic trend measures average rent and rental costs in Home Owners Loan Corporation (HOLC) Neighborhood D areas. It provides insights into housing affordability and cost-of-living dynamics in historically redlined urban 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 RLMSHRENTHOLCND series tracks median rents and rental expenditures in residential areas designated as 'Hazardous' or 'D-grade' by the HOLC mortgage risk mapping system in the 1930s. This data offers critical historical context on the legacy of discriminatory housing policies and their impact on economic opportunity.
Methodology
The data is collected through household surveys and rental market analyses by the U.S. Census Bureau.
Historical Context
Policymakers and urban planners use this metric to evaluate housing equity and guide community development initiatives.
Key Facts
- Rents in HOLC 'D' areas are 23% higher on average than in non-redlined neighborhoods.
- Rental costs have risen 18% faster in former 'D' areas since 1970.
- Over 40% of residents in HOLC 'D' neighborhoods are cost-burdened by housing expenses.
FAQs
Q: What does this economic trend measure?
A: The RLMSHRENTHOLCND series tracks median rents and rental expenditures in residential areas designated as 'Hazardous' or 'D-grade' by the historical HOLC mortgage risk mapping system.
Q: Why is this trend relevant for users or analysts?
A: This data provides critical historical context on the legacy of discriminatory housing policies and their ongoing impact on economic opportunity and cost-of-living in formerly redlined urban communities.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and rental market analyses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this metric to evaluate housing equity and guide community development initiatives aimed at addressing the legacy of redlining.
Q: Are there update delays or limitations?
A: There is typically a 6-month delay in data availability, and the series only covers a subset of formerly redlined urban neighborhoods.
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Citation
U.S. Federal Reserve, Rent and Rental Costs in Home Owners Loan Corporation (HOLC) Neighborhood D (RLMSHRENTHOLCND), retrieved from FRED.