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Why The Black Homeownership Rate Is The Same 50 Years After The Fair Housing Act Became Law

The next few days you’ll probably see a lot of news stories about the Fair Housing Act being signed 50 years ago on April 11, 1968. What those stories likely won’t tell you is the percentage of U.S. blacks who own their own homes today compared to back then. The 1970 census found 42% of black households owned their own homes. Today, the number is also 42%. That seems impossible!

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Buy Like Barack! Buy the House You’re Renting

The Washington Post reported recently that Barack and Michelle Obama bought the house they had been renting. That was serendipitous for me because I’ve been working for a crazy number of months on an online course called, “Buying the House You Rent.” Nice timing, Barack! Thank you! One of the authors of the original story…

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