(OSU: Kirwan Institute) The ability to exercise agency over where one lives is a hallmark of freedom. And yet, this privilege has not been equally afforded to all. Race has been—and continues to be—a potent force in the distribution of opportunity in American society. Despite decades of civil rights successes and fair housing activism, who gets access to housing and credit, on what terms, and where, remains driven by race. This is important to our shared future, because investments in homeownership are multiple and generational. Indeed, research shows that the biggest factor in the Black-White wealth gap is years of homeownership, showing how critical positive home equity is to building wealth. Racialized systems that generate lasting inequality may perpetuate self-fulfilling expectations, where “structural disadvantages (e.g., poverty, joblessness, crime) come to be seen as cause, rather than consequence, of persistent racial inequality, justifying and reinforcing negative racial stereotypes.” – READ MORE

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