According to the 2019 Survey of Consumer Finances conducted by the Federal Reserve, on average white families held just under a million dollars in accumulated wealth, while Black and Latino families had about $150,000 in wealth.
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Does Homeownership Affect Racial Wealth Disparities?
Home ownership is the gold standard when it comes to safe investments, and for low-income residents it can be a reliable vehicle to build generational wealth. But in terms of wealth inequality, how far does homeownership go toward closing the ...
Read More »Examining Lingering Housing Inequities
Applying for a mortgage is one of the most important applications most will ever fill out in their lifetimes; getting denied because of simple omission can set the process back by weeks. According to a new report by Zillow, the rate at ...
Read More »Examining Disparities Among Asian-American Homeowners
Asian households are often upheld as an economic success story, researchers note, but the statistics do not tell the whole story.
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