In the US, the gap between Black and White Homeownership is widening with each generation [OC]studmuffffffin t1_j9tumav wrote
Reply to comment by Cptof_THEObvious in In the US, the gap between Black and White Homeownership is widening with each generation [OC] by Apartment_List
The slope is still lower than the other generations slightly. It takes 13-15 years from age 20-35 to get from 10% to 60% for the other generations. It takes 22 years from age 25-42 the boomers to get from 10% to 60%.
I don't think OP explanation is good enough. Even with a late start, it takes longer to get there.
Viewing a single comment thread. View all comments