Black Homeowners Struggle as US Housing Market Recovers
The Dorns expect to join the growing ranks of African-Americans who do not own their homes, a rate that was nearly 30 percentage points higher than that of whites in 2016, according to a new report.
July 11, 2017 at 02:00 PM
6 minute read
Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in San Francisco more than two decades ago.
Today, the couple is living in a motel after they were evicted last year, having lost a foreclosure battle. A second home they inherited is also in default.
The Dorns expect to join the growing ranks of African-Americans who do not own their homes, a rate that was nearly 30 percentage points higher than that of whites in 2016, according to a new report.
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