Lower percentages of racial and ethnic minorities own homes; they spend more of their income on rent and continue to contend with segregation nearly 50 years after the passage of Fair Housing Act of 1968. A Trulia report on the legacy of the federal law notes that the gap in the homeownership rate for all households and black and Latino households has remained the same or narrowed just slightly since its passage almost four decades ago, although there are some metro markets like Washington, D.C., Fairfield County, Conn., and Worcester, Mass., where housing prospects have improved.
Has Homeownership improved Since the Fair Housing Act?
Advertisement
Top Articles
Advertisement
Advertisement
More in Category
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year