Report: Black Homeownership in Calif. for 25-35-Year-Olds Has Fallen by More than 50% | Post News Group

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Report: Black Homeownership in Calif. for 25-35-Year-Olds Has Fallen by More than 50% | Post News Group

A report released last week by the California Community Builders Association (CBCA) presented a grim picture of home ownership for middle income Black Californians and other minorities. The report, titled “California’s Missing Middle,” revealed that the rate of homeownership for Black Californians ages 25 through 35 dropped by more than half — from 50% to 23% over a four-decade period, beginning in 1980 through 2021. | By California Black Media A report released last week by the California Community Builders Association (CBCA) presented a grim picture of home ownership for middle income Black Californians and other minorities. The report, titled “California’s Missing Middle,” revealed that the rate of homeownership for Black Californians ages 25 through 35 dropped by more

Source: Post News Group | PNG-0

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