Homeownership gap between blacks and whites unchanged

Source: Michele Lerner, Washington Post

The affordability of homeownership depends on income, the price of homes and interest rates, but a recent study by Zillow, an online real estate site, found income inequality among races affects homeownership rates. Despite 50 years since the Fair Housing Act prohibited discrimination on the basis of race, color, national origin, religion, sex, familial status and/or disabilities, the gap between black and white homeownership rates has not significantly changed. In fact, that gap has remained nearly the same for more than 100 years.

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