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To: where's_the_Outrage?

To be honest, I am surprised home ownership is that high among blacks.


3 posted on 03/17/2024 8:24:25 AM PDT by nwrep
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To: nwrep

Does the article breakdown by educational achievement?


22 posted on 03/17/2024 9:05:36 AM PDT by silverleaf (“Inside Every Progressive Is A Totalitarian Screaming To Get Out” —David Horowitz)
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To: nwrep

So every black person in this country wants to own a home


24 posted on 03/17/2024 9:08:34 AM PDT by ronnie raygun
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To: nwrep
The racial homeownership gap is part of larger disparities seen in the broader American economy. Black Americans earn less on average compared to white employees and have less wealth—for every $100 worth of affluence for white households $100, their Black counterparts have $15. This contributes to challenges in raising the capital necessary to own a home, according to Redfin. Research suggests that Black Americans are more likely to tap into their retirement savings to generate a down payment compared to other demographic groups in the U.S.

This is almost exclusively a behavioral phenomena. Get and hold a job, work hard at the job, pay your bills on time, look to the future, stay out of trouble, don't have squads of kids from different sires, and learn and use standard English.

33 posted on 03/17/2024 11:44:31 AM PDT by 17th Miss Regt ( )
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