To Equitably Connect Housing and Economic Mobility for Black Americans, Tackle Structural Racism [howhousingmatters.org]
Most Americans’ greatest asset is their home. According to the Economic Policy Institute, housing equity makes up two-thirds of wealth for typical American households , and most wealth for black families is held in their primary residence . But because of segregation and structural racism, owning a home has not provided the same value and pathway for wealth creation for black Americans as it has for white Americans. Barriers to buying a home contribute to a wide homeownership gap between...