There are many factors that have affected homeownership rates after the 2008 financial crisis— specifically in regards to young adult social norms and changes in the housing market. The homeownership rate among 25- to 44-year olds has dropped 10 percent in the last decade and recent research shows this could be increased with closing the interracial gap in education and wealth. This research falls in line with statistics on diversity found in the corporate world.
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Source: DS News