The gap in home ownership between black and white Americans is the widest since records began 16 years ago, according to an analysis of US Census Bureau data.
US home ownership fell from a peak rate of more than 69 per cent in 2004 to 66.5 per cent in the last quarter of 2010, its lowest level for 12 years. But the decline is not uniform, with African-American ownership declining to 44.9 per cent in the last quarter while white ownership fell to 74.2 per cent.
In the past six months that gap, which previous administrations pledged to close, reached its widest level since the Census Bureau started collecting the information in 1994.
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