A former Trump deputy assistant and the first Black mayor of Columbia S.C. say the gap between Black and white home ownership is larger now than when housing discrimination was legal.
For generations, owning a home — especially a first home — was a rite of passage for many Americans.
The home you purchased was a place to raise a family, a sanctuary after a long day at work, and the backdrop to life’s most precious memories.
A home also served as a critical investment in creating generational wealth. It was and remains a source of pride and dignity for the American family.
Today, however, the possibility of owning a home is harder to come by, especially for Black Americans. The gap between Black and white Americans who own homes is larger today than when housing discrimination was legal — and it continues to grow.