ACS Data Users Group

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  • 1.  Inheritance of housing

    Posted 01-27-2024 12:23 PM

    Hello! I am trying to determine the value of inherited real estate (esp. primary residences) over time. Does the ACS have any relevant data?



  • 2.  RE: Inheritance of housing

    Posted 01-29-2024 10:19 AM

    In ACS there are variables for ownership that include "Housing units with a mortgage" and "Housing units without a mortgage." But there are no variables on inheritance. Try the Survey of Consumer Finances?



  • 3.  RE: Inheritance of housing

    Posted 01-29-2024 11:46 AM

    "Housing units without a mortgage" is a gem of a variable. We were able to use it to show that in Philadelphia, there are low-income neighborhoods with a high rate of free-and-clear homeownership, which is interesting and has policy implications (such as on property tax policy)