Black homeowners had smallest wealth gains in decade – except in these California cities

France Nouvelles Nouvelles

Black homeowners had smallest wealth gains in decade – except in these California cities
France Dernières Nouvelles,France Actualités
  • 📰 ladailynews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 59%

A new study from the National Association of Realtors underscores the persistence of substantial inequities along racial and income lines over the past decade.

Homeownership remains a key to building wealth. But a new study from the National Association of Realtors underscores the persistence of substantial inequities along racial and income lines over the past decade.

The study considered a household low income if it earned an income no greater than 80% of the area median income. Middle-income homeowners are those with incomes over 80% of the area’s median income but less than 200%. Upper-income homeowners are those with incomes greater than 200% of the area’s median income.

But there were some areas of the country where Black homeowners fared better over the past decade, including Bellingham, Washington; Ocala, Florida; Palm Bay, Florida; Modesto, California; Greeley, Colorado; and Charleston, South Carolina. Owners in these areas saw their homes generate more than $125,000 in wealth in the last decade.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

ladailynews /  🏆 332. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Murphy hits the road again for National Governors Association eventMurphy hits the road again for National Governors Association eventHe is scheduled to return to New Jersey on Thursday.
Lire la suite »

California and other Western states see spikes in unhealthy air pollution as national levels improveCalifornia and other Western states see spikes in unhealthy air pollution as national levels improveOzone smog is improving, but wildfires in the West continue to expose people to dangerous pollutants, according to a new report.
Lire la suite »

RJR uses California as test market for skirting upcoming national menthol cigarette banRJR uses California as test market for skirting upcoming national menthol cigarette banSales of cigarettes that mimic menthol are soaring in California after the state outlawed most flavored tobacco — raising doubts about the Biden administration’s plans to ban menthol cigarettes later this year
Lire la suite »

Black and Latino families displaced from California neighborhood over 50 years ago seek $2 billionBlack and Latino families displaced from California neighborhood over 50 years ago seek $2 billionCalifornians who were displaced from a neighborhood in Palm Springs are seeking $2.3 billion in compensation from the city. They allege the city pushed them out by hiring contractors to destroy hom…
Lire la suite »

Black celebrities make a national call for Ralph YarlBlack celebrities make a national call for Ralph YarlHalle Berry, Kelly Rowland and Kerry Washington are among the celebrities using their platform to raise awareness of a 16-year-old Black boy shot by a white man last week.
Lire la suite »



Render Time: 2025-03-05 04:49:41