But black families were hit particularly hard, housing data show, forcing many out of their homes and pushing black homeownership rates to record lows. The white homeownership rate reached 72.9 percent, up from 72.2 percent a year earlier. Role of discriminationThe reasons for the downturn in the black homeownership rate are varied and complex, experts say. “It’s no surprise that black families are still experiencing some level of discrimination,” Rothstein said. “We’re building a process where black homeownership will not only be possible, but actually flourish.”

Source: Washington Post February 28, 2019 18:32 UTC