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Yes, niggers moving into your neighborhood can make your property values shrink. This isn't racism at work, its nigger crime statistics at work.
Black Space, White Blindness
In a series of studies, Bonam has found that white Americans hold ironclad stereotypes about black neighborhoods—even when they display little or no animus toward black people. They’re likely to infer from the presence of a black family that a neighborhood is “impoverished, crime-ridden, and dirty,” though they make none of those assumptions about an identical white family in the same house. They’ll knock the value of a house down by $20,000, or nearly 15 percent, if they believe the neighborhood is black. Even after being explicitly told a neighborhood’s home prices and demographics, white participants showed a massive divergence in their perception of the neighborhood’s class depending on whether they thought it was black or white.
Results like these jibe with previous research indicating prejudices toward black space. One study found that more black and Latino residents increase the perception of social disorder. Another showed that putting more black people in a neighborhood decreases the perception of its quality. The sociologist Sharon Zukin has used Yelp to contrast perceptions of black and white gentrifying neighborhoods in New York.
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