Research Briefs

USC Lusk Center Study of Minority Homeownership Probes Racial Disparities

Submitted by lusk-admin on

LOS ANGELES (Business Wire) -- A study by the University of Southern California’s Lusk Center for Real Estate, published in the October 2001 issue of Mortgage Banking magazine, provides new insight into differences in homeownership rates among blacks, Latinos, Asians and whites in Los Angeles County. A troubling finding is that if the education and income of whites and blacks were equal, there would still be a gap – largely unexplained -- in the homeownership rates of each group in Los Angeles County.