Nonprofit Quarterly, November 4, 2022, More Than Just A Structure: The Myriad Impacts Of Black Women’s Exclusion From Homeownership
A house is far more than a structure. In financial terms, American neoliberal thinking leads us to believe that a house is an investment and potential pathway to wealth. Intrinsically, however, a house is a home where we find security, privacy, and family. It is a place where we gather and host our loved ones. There are myriad reasons one would want to own a home—and in America, homeownership is a nearly universalaspiration. But there is a devastating lack of equity when it comes to who can afford this American Dream, with Black households less likely to hold real estate assets than white households by 29 percentage points.