A recent FRB-Atlanta study finds that closing the racial homeownership gap alone would not redress housing market racial disparities because minority homeowners cannot equitably access home equity and thus enjoy comparable access to the economic opportunities afforded by homeownership. Its findings show that Black and Hispanic homeowners are unable to access their home equity compared to White homeowners even after numerous reasons for disparate impact are found to be race-neutral…
The full report is available to subscription clients. To find out how you can sign up for the service, click here.