The data is clear, the homeownership rate for many California communities of color significantly lag that of white households. The disparity is most pronounced in the Black and Latinx communities with a homeownership gap that remains as large as it was when the Fair Housing Act was enacted in 1968. And even though California’s Asian American and Pacific Islander (AAPI) overall homeownership rate is relatively high, 60.2% according to the U.S. Census, the numbers don’t tell the full story. The AAPI community is incredibly diverse, including over fifty ethnicities and according to the Asian American Real Estate Association of America (AREAA), national AAPI subgroup homeownership
rates range from 30% to 68%.
For more of the Fair Housing research from C.A.R., NAR and other organizations, check out our Fair Housing website.
Fair Housing Month is a great time to learn about the history of fair housing and how all REALTORS® can take action in their businesses and in their communities to help close these gaps. Join these powerful conversations on how REALTORS® can be and are a part of the solution:
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AAPI Heritage Month Discussion C.A.R. is hosting a conversation with President Dave Walsh and Norman Mineta, former San Jose Mayor and cabinet member for two U.S. Presidents. Register here. |
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AREAA Diversity and Fair Housing Summit This two-day event will discuss continued fair housing challenges in the AAPI and other communities and offer best practices and action steps. Register here. |
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Fair Housing Advocates of Northern California Virtual Conference 2021 This virtual conference features presenters who will explore how we can best promote affirmative policies to advance fair housing and racial equity. Register here. |