The report is based on a June survey commissioned by Redfin of over 3,000 U.S. residents who bought or sold a primary residence in the last year, or plan to in the next 12 months. Today's report reveals responses to a question asking whether respondents support local zoning policies that limit the number of dense housing units, or those that make it possible for more dense housing units to be built.
When broken down by race, survey results showed key differences across racial groups. African American homebuyers and sellers are equally as likely to support dense housing in their area as they are to oppose it, with 39 percent supporting policies that encourage density and 39 percent supporting those that limit it. By contrast, white homebuyers and sellers' responses fall in line with the overall results, with 56 percent in opposing housing density in their neighborhood and 23 percent supporting dense housing nearby.
"People who don't want dense housing in their neighborhood often reason that they don't want to see the character of their neighborhood change," said Redfin chief economist
"In places like
Income inequality does not explain most of the difference in density sentiment across racial groups. When broken down by income, the survey results indicated that homebuyers and sellers in every income bracket were far more likely to oppose density than to support it.
The oldest group of respondents—those aged 65 and up—were more than four times as likely to be against density in their neighborhood (64%) than they were to support it (15%). The only age group that had more people in favor of supporting density than opposing it was those under 25, of which 41 percent favored density and 36 percent opposed it.
To read the full report, including graphs and the full methodology, please visit: https://www.redfin.com/blog/high-density-housing-sentiment-by-race.
Redfin (www.redfin.com) is a technology-powered real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer's favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the automated home-value estimate with the industry's lowest published error rate for listed homes. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 85 major metro areas across the U.S. and
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the
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Redfin Journalist Services- Erin Osgood, 206-588-6863, email@example.com