African-American homeownership increasingly less stable, more risky

22 julio 2014

African-Americans are 45 percent more likely than whites to switch from owning their homes to renting them, A new study from American sociologists finds. The study examines racial inequality in transitions out of homeownership over the last four decades. The authors used longitudinal household data from the Panel Study of Income Dynamics for the period 1968 to 2009, with a study sample of 6,994 non-Hispanic whites and 3,158 black homeowners.