Homeownership has been billed as a way to generate wealth for American families, but a new study shows blacks don’t reap the same financial rewards from owning homes as whites. Owner-occupied homes in majority black neighborhoods are consistently sold or appraised at an average of $48,000 less nationwide than comparable homes in white neighborhoods, according to a new study from Brookings Institution and Gallup reported by Curbed. That amounts to $156 billion in lost value […]
source https://therealdeal.com/chicago/2018/11/29/black-homeowners-have-lost-156b-thanks-to-systemic-undervaluation-report/#new_tab
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