Homeownership Gap Between Black and White Americans Widest in 100 years
Pro Builder
JANUARY 21, 2022
Before the 1960s passage of anti-discrimination laws, Black homeowners were still doing better than they are today. Even after purchasing a home, the wealth gap is sustained by disproportionate home equity values. Black homeowners accumulate an average of $27,000 in equity, while white borrowers have an average of $79,000.
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