A new KJZZ series brings you the real people behind the headlines.
What's Keeping Minority Residents From Buying Homes In Phoenix?
Published: Friday, March 16, 2018 - 2:31pm
Updated: Friday, March 16, 2018 - 3:24pm
The real estate boom that started not long after the turn of the 21st century made it seem as though homeownership was not only a stabilizing option for a growing percentage of Americans, but also a great investment and a way to grow your money.
Unfortunately, the Great Recession that followed the boom put many more people in dire financial straits. And while homeownership has bounced back a bit, fewer people are able to take advantage now.
The Arizona Republic published a report on what is keeping minority residents from buying homes in Phoenix, and Maria Polletta — diversity and inequality reporter for the paper — is here to talk about it.