While Americans as a whole enjoy a higher rate of home ownership than ever, the rate for African Americans continues to lag 20 percent below the national average, according to a report that identifies racial discrimination, predatory lending practices and a lack of affordable housing as root causes. The National Association for the Advancement of Colored People and the National Association of Home Builders collaborated on the report, "Building on a Dream," which is available online. While the national home-ownership rate has enjoyed decades of growth and now stands at roughly 69 percent, the rate for African Americans is just under 50 percent. The 20.5 percent gap between the home-ownership rate for blacks and the national average remains virtually unchanged since 1950, when it stood at 19.5 percent. The report identifies barriers to home ownership for blacks and other minorities in two categories: racial discrimination and a shortage of affordable housing. Although white Americans ...
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