How the New Deal Hardened Racial Wealth and Homeownership Inequities [nonprofitquarterly.org]
Homeownership in the US has long been stratified by race. The most recent figures from the US Census Bureau (as of September 30, 2018) find that nationwide the white homeownership rate is 73.1 percent compared to a Black homeownership rate of 41.7 percent. One impact of this disparity is that wealth among white people is 10 times higher than it is among Latinxs and 13 times greater than the median Black household . What to do about those statistics is the focus of a recent interview...