Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(112,219 posts)
Thu Nov 12, 2015, 03:35 AM Nov 2015

In Texas, minorities less likely to own homes

While minorities occupy about half of the state’s housing units, they are less likely than white Texans to own their homes, and the state’s largest metro areas have some of the most substantial racial disparities among homeowners, according to recently released U.S. Census data.

A shortage of affordable housing, credit problems and lack of savings for down payments are among the main barriers blamed for creating the demographic divide.

Hispanics live in 30.6 percent of the state’s housing units, but only 27.7 percent of Hispanic households own their home, according to the data. Black Texans occupy 12.5 percent of housing units, but 8.3 percent of black households own their home.

Meanwhile, white Texans occupy 51.5 percent of housing units, but 58.8 percent of white households are owned.

Read more: http://www.themonitor.com/news/local/in-texas-minorities-less-likely-to-own-homes/article_0a23be06-8763-11e5-9fd8-5bc9400972d6.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
In Texas, minorities less likely to own homes (Original Post) TexasTowelie Nov 2015 OP
Minorities are also less likely to survive being PatrickforO Nov 2015 #1
Latest Discussions»Region Forums»Texas»In Texas, minorities less...