Black Homeownership Faces New Obstacles in Crowded Property Market

The Hill, Apr. 25, 2022–Tobias Burns
“The housing gap” between white and Black household ownership in the U.S. is “about as wide as it’s ever been,” said Mike Fratantoni, economist with the Mortgage Bankers Association trade group. “There’s lots of reasons for that. But a big one is the level of household wealth, which is really an enormous gulf right now.”
https://thehill.com/policy/finance/3462980-black-home-ownership-faces-new-obstacles-in-crowded-property-market/?email=6eeec769ce25c466cc7e1584f75829a37c1deec0&emaila=69ec219c682ef2a309c05d33829545d2&emailb=41a80bfde7050a091e02401ef5812378ae992af3bcbb41d56e4ee3680c02ad8b&utm_source=Sailthru&utm_medium=email&utm_campaign=New%20Campaign&utm_term=News%20Alerts