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In Chinese culture, the number 8 is considered lucky and 4 is considered unlucky. We analyze the relationship between the presence of 8 s and 4 s in addresses and transaction prices paid by Chinese home buyers and sellers in a novel setting, Seattle, Washington, from 1990 to 2015. In the absence of explicit identifiers for Chinese individuals, we develop a probabilistic model for identifying ethnicity based on name alone. The results indicate Chinese buyers pay a 1-2% premium for addresses thatdoi:10.2139/ssrn.2890655 fatcat:aocs64vih5db7bxifm5adcfj5a