racial gap

Race and Homeownership: Historical Trends

A common rationale for federal policies to expand homeownership is the desire to reduce observed racial differences in homeownership.  Receiving the most attention has been the gap in homeownership rates between white households and African-American.  The current homeownership rate for whites is 76.5%  (2007), while that for African-Americans is 54%, leaving a gap of 22.5%.

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