By Jillian Olinger, Kelly Capatosto, and Mary Ana McKay.
In this report the authors explore how implicit bias affects housing and credit markets. As the authors point out:
While the research regarding structural impediments and disparities in housing and lending is well-documented, the research connecting implicit biases to housing and lending outcomes is less well-understood…As this report argues, these implicit biases are manifest in the housing and lending economy in part due to a deeply rooted association between race and risk in the physical and social landscape of our communities. This association helps drive neighborhood segregation, and thus widens opportunity segregation.