Black homeowners are twice as likely to have to return to renting than whites

 

Source: Charisse Jones - USA TODAY

Black homeowners are twice as likely to lose their homes and have to return to renting than whites, in part because their relatives may be less able to help if they are struggling to pay their mortgage, according to a new study. 

Over a 30-year period stretching from 1984 to 2017, 10% of Black homeowners became renters again compared with 5% of whites, according to new research published in the journal "Demography."

Read Full Article: Black homeowners are twice as likely to have to return to renting than whites

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