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ndoubtedly, 2020/21 has been two tough years for everyone. So many people lost their jobs only recovering this past few months. But, something interesting did happen, more so in 2020 where we had protest and demonstrations over the murder of George Floyd. If one thing, and I would like to take it as a silver lining amidst this chaos is that the pandemic really brought out the racial disparities in terms of treatment, opportunity and wealth that still exists subtly. The past two years have raised a bar, and more than that, what was for a long time ignored and swept under the rag can no longer be contained!
The Role of Lenders in Increasing Minority Homeownership
Looking at the homeownership rates for past two decades for all the ethnicities in the country as provided by various sources including the Census Bureau we realize a big part of this problem;
Source: Census.org 120 l
THE POWER IS NOW MAGAZINE | NOVEMBER 2021
