Systemic racism in New York’s housing market has cost minorities more than $200 million
If you’re a person of color in New York, prepare to pay more for homeownership.
A new report released by New York Attorney General Letitia James exposes profound systemic racism within New York’s housing market that causes disparities in homeownership rates and mortgage lending practices, revealing a system that has failed communities of color for decades.
The damning report, informed by data and expert testimonies, portrays a stark divide across all regions of New York State.