African Americans and Hispanics have lower rates of home ownership because of:

Question

Quizplus · Accepted Answer

Racial discrimination in housing has been a major factor in the lower rates of homeownership among African Americans and Hispanics. Discrimination in lending, restrictive covenants, and redlining have all contributed to barriers that have prevented people of color from purchasing homes at the same rates as white Americans. While preferences for certain communities and intergenerational housing arrangements may play a role for some individuals, systemic racial discrimination in housing is the most significant factor affecting these groups' homeownership rates. Frequent moves from one city to another may also impact homeownership rates, but it is less of a factor when compared to racial discrimination.

African Americans and Hispanics Have Lower Rates of Home Ownership