Academic Study Finds a Large Racial Gap in the Transition Out of Homeownership

homeResearchers at Rice University in Houston and Cornell University in Ithaca, New York, find in a new study that although racial discrimination has been drastically reduced in the marketing of real estate, growing racial economic inequality is making it increasingly difficult for many African Americans to afford their own home.

The study examined home ownership patterns over the past four decades. Researchers found that since the 1990s, African American homebuyers were 45 percent more likely than Whites to transition out of homeownership. One of the reasons that Blacks have had trouble holding on to their homes is that lenders targeted minorities with subprime loans for mortgages and home refinancings. Subsequently, many Black families were unable to make payments on these loans and had to sell their properties or lost their homes.

The study, “Emerging Forms of Racial Inequality in Homeownership Exit, 1968-2009,” appears in the August issue of the journal Social Problems. It may be accessed here.

Below is a video showing Gregory Sharp, a postdoctoral fellow in sociology and lead author of the study, discussing the research.

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Black Film Project and Film Studies Fellowships Established at Harvard University

Henry Louis Gates Jr., professor and director of the Hutchins Center for African and African American Research at Harvard University, will direct the newly established Black Film Project, an initiative aiming to support independent films focusing on Black history and culture.

Higher Education Grants or Gifts of Interest to African Americans

Here is this week’s news of grants or gifts to historically Black colleges and universities or for programs of particular interest to African Americans in higher education.

Yale Library Acquires Digital Collection of Langston Hughes Papers

In a recent December upload, the Yale University Library added a collection of papers from Black poet Langston Hughes to the school's online archive. The collection contains correspondence between Hughes and other authors and civil rights activists of his time.

Academic Fields Where Blacks Earned Few or No Doctoral Degrees in 2022

In 2022, African Americans earned 1.2 percent of all mathematics and statistics doctorates, 1.2 percent of all doctorates in computer science, 1.7 percent of all doctorates in chemistry, and only 1.7 percent of all doctorates awarded in engineering disciplines.

Featured Jobs