Homeownership is playing a "major role" in the recurring racial wealth gap in the US, according to new data from Apartment List.
Black homeownership rate remains stubbornly low, reflecting the ongoing legacy of a troubling past, according to its analysts Rob Warnock and Chris Salviati.
The Black homeownership rate currently stands at 44 percent, consistent with a broader nationwide trend, and Black homeownership has been rising for the past half-decade, up from a recent low of 40.8 percent in 2016.
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