In a study recently published in the journal Real Estate Economics, public policy professor Sandra J. Newman and researcher C. Scott Holupka found that race was a key determinate of which low and moderate-income people who bought first homes during the decade made money. During the Great Recession, white homebuyers lost money but black ones lost considerably more. Even during the boom years, when white buyers increased their wealth by 50 percent, black buyers lost 47 percent of their wealth.
Recent news from The Johns Hopkins University
This section contains regularly updated highlights of the news from around The Johns Hopkins University. Links to the complete news reports from the nine schools, the Applied Physics Laboratory and other centers and institutes are to the left, as are links to help news media contact the Johns Hopkins communications offices.
The Johns Hopkins University has chosen a team headed by Baltimore- and Virginia-based Armada Hoffler to develop a mixed-use retail and residential complex with garage parking on university-owned land in the 3200 block of St. Paul Street in Charles Village.
In his first major speech as the head of the Johns Hopkins Carey Business School, Dean Bernard T. Ferrari announced that the school plans to focus its research and instruction on four troubled areas of the economy – health care; real estate and public infrastructure; the financial services industry; and the national security industry.