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Black-owned U.S. businesses have failed at a disproportionately higher rate than those owned by whites during the coronavirus epidemic possibly because they were in poorer financial shape, less ...
2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most acute in the United States and China.
Baker acknowledged that Illinois’ current real estate inventory situation is a crisis. But he added that Illinois Realtors has been working to brighten the outlook by advocating for public ...
In October 2020, the KFF/Undefeated Survey on Race and Health found that 50% of Black respondents (compared to 42% White respondents) reported that they had lost a job or had their income reduced as a result of COVID-19. Moreover, 32% Black respondents reported that COVID-19 had a major impact on their ability to care for children (compared to ...
Blacks were shut out of the private real estate market, with many unable to purchase homes and bankers using federal appraisal policies that unfairly ruled black neighborhoods to be dangerous, risky investments, and were thus able to outright refuse loans to African-Americans. [41]
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Alice Mason (October 26, 1923 – January 4, 2024) was an American real estate broker, socialite, and political fundraiser.According to the New York Times she became one of the most powerful real estate brokers in Manhattan and was known as "the person you called if you couldn’t get past the [] board."
The National Association of Realtors reports that white real estate brokers make roughly three times as much as their Black The post White real estate agents earn 3 times more than Black real ...