Majority’s perception of minority groups on housing values: A study within the San Juan MSA, Puerto Rico

Abstract

The importance of neighborhood characteristics in housing markets is indisputable because housing is fixed in geographic space. This research uses a survey to explore neighborhood residents’ perceptions about minority groups and housing values in specific areas within the San Juan MSA, Puerto Rico. The study uncovers the ethnic variables that influence housing values. The results showed a tendency of perception based on spatial context and distance. In addition, this study helps to understand race, ethnicity, and place in the context of the island of Puerto Rico.