A new commentary and research piece by Jacob Channel, LendingTree’s Senior Economist, hits on the topic of racial inequities in homeownership—particularly the share of homes owned by Black identifying Americans compared to the share of Black people living in the same area.
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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 ...
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It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone equally—Americans of color, most notably Black Americans, have been disproportionately affected by ...
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