African-American homeownership increasingly less stable, more risky
African- American homeownership increasingly less stable, more risky - While historical barriers that excluded Black America from the homeowner market for decades have crumbled, there are signs that emerging types of racial inequality are making homeownership an increasingly risky investment for many African Americans. A new study from sociologists at Rice University and Cornell University found that African Americans are 45 percent more likely than whites to switch from owning their homes to renting them.