Apartment Therapy, July 2, 2022, 4 Podcasts That Will Help You Understand Housing Inequality in the U.S.
Housing inequality is now a more timely topic than ever. Back in 2019, there were almost 6.5 million Black homeowners in the United States, putting the Black homeownership rate at 42 percent, as low as it was in the 1960s. Meanwhile, the rate of white homeownership was 73 percent, according to the National Community Reinvestment Coalition.
In 2020, the homeownership rate gap between Black and white households grew even further. The U.S. homeownership rate experienced the largest annual increase on record, climbing to 65.5 percent, up 1.3 percent from 2019. The Black homeownership rate increased to 43.3 percent, yet it is still lower than a decade ago, according to the National Association of Realtors.