Reposted by Mike Madowitz
Increasing Black homeownership sounds like an easy fix for the racial wealth gap. But that assumes a housing market that treats every buyer the same.
New research from @zraresearch.bsky.social breaks down three assumptions behind that idea and why they don't hold up.🧵
rooseveltinstitute.org
Homeownership Is Not a Solution to the Racial Wealth Gap
Can increasing Black homeownership close the racial wealth gap? Zawadi Rucks-Ahidiana examines how wealth inequality, housing discrimination, predatory lending, and unequal appreciation make homeowner...