Buying a home is the one of the primary ways that the average American accumulates wealth to pass down to their children. But it’s something White families have been able to capitalize on far more than Black families. You can’t understand the racial wealth gap in America without grappling with the historic federal housing policies that led to profound disparities in homeownership rates.
Here are four numbers that illustrate the persistence of America’s racial homeownership disparity.
Continue reading Bloomberg here, courtesy of Brentin Mock.