Housing Affordability Crisis Hits US Black Buyers Particularly Hard
Written by Black Hot Fire Network on January 30, 2024
After years of mostly steady decline, the Black homeownership rate in the US saw its largest jump on record in the early days of the pandemic. Now, soaring borrowing costs and home prices threaten to erode those gains.
Black Americans — who for decades in the mid-20th century were shut out of swaths . . .
