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Johns Hopkins Study Finds Black Home Buyers Better Off as Renters

A new Johns Hopkins University study found that while some home buyers gained, and others lost ground in the shaky home-buying market of the 2000s, Black first-time home buyers typically went under water. The study, authored by public policy professor Sandra J. Newman and researcher C. Scott Holupka and published in the journal Real Estate Economics, revealed that race was a primary factor in determining which home buyers of low and moderate income made money during the last decade.

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Source: atlantablackstar

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Written by PH

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