6ABC, November 4, 2021, Racial Disparities in Homeownership Persist Across Philadelphia Area
White residents of the Philadelphia-Camden-Wilmington metro area are more than one and a half times as likely to own a home as Black or Latino residents, according to a 6abc analysis of 2019 census data. This gap makes it harder for residents of color to build wealth, avoid rental debt and stay in their homes.
Philadelphia was among the top 20 most intensely gentrifying cities from 2013 to 2017, according to a study by the National Community Reinvestment Coalition (NCRC). Twenty of the city’s neighborhoods gentrified during this period, the study found.
