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Thanks to the pandemic, Asian, Latino, and Black homeownership skyrocketed to levels comparable to the Great Recession.
New data from The Washington Post shows the impact of pandemic-era stimulus programs in 2021. Fewer people of every race and age rented for the first time since the Great Recession, which correlated to growth for people of color households being more pronounced than for White households.
While trends have waned post pandemic, housing experts see 2021 as a substantial one for people of color homeownership, helping reverse gaps in racially rooted barriers.
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