FNTalk, August 17, 2021, The Resilience Of New York’s Black Homeowners
After declining for much of the past 20 years, the national Black homeownership rate has stayed near 42% from 2016 to 2019, the lowest since 1970, while the rate of white homeownership reached 73%, a record high, according to the National Community Reinvestment Coalition, a fair-lending advocacy group. In 2019, 58% of Asians and 47.5% of Latinos were homeowners. (Black homeownership peaked in 2004 at 49%, before the 2008 housing crisis.)
