L.A. FOCUS — Black households experienced the steepest declines in affordable neighborhoods in the years preceding the pandemic. Between 2013 and 2019 — even as the economy was recovering and median incomes increased for households of all races and ethnicities — the number of zip codes with median market rents affordable to median-income Black households decreased by 14 percent. The majority of neighborhoods affordable for Black, Latinx, and low-income households are lower opportunity neighborhoods.
The post Report Shows America’s Major Cities are Pricing Out Black Residents first appeared on BlackPressUSA.
The post Report Shows America’s Major Cities are Pricing Out Black Residents first appeared on Post News Group.
