In L.A., home ownership is apparently for whites only

There is a significant racial home ownership gap in metro Los Angeles, according to new data.

The study, from apartment rentals website Apartment List, found that 44.4% of whites own a home in the L.A. area, more than double the African American home ownership rate of 21.4%.

Asians have the highest rate of ownership, at 50.6%, and the Latino rate is 30.6%.

The report, which is based on census data, also analyzed racial gaps by comparing the rate of white home ownership to the average rate of all other races combined.

Black people have the lowest ownership rates in 42 metros, while Hispanics have the lowest rate in seven.

Source: Twice as many whites own a home in metro L.A. as African Americans – LA Times

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