By BlackPressUSA A new Zillow analysis finds Black households saw modest progress narrowing the racial wealth gap during the pandemic, and that housing factors will largely impact whether that gap grows or shrinks throughout the next 10 years. The typical Black household has only about 23% of the wealth of a typical White household Zillow analysis finds home value and homeownership rate disparities directly account for almost 40% of the $3 trillion wealth gap[1] If the typical Black-owned home was worth the same as the typical White-owned home, Black wealth would more than double (from $931 billion to $2.1 trillion) […]
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