Study: Metro Areas Facing Growing Inequality

11 May

Reblogged from: The M Report – Xhevrije West

According to a National Association of Realtors(NAR) recent study, rising prices of homes have helped homeowners build housing wealth, but the research found a worsening inequality in homeownership gains in metro areas.

The study estimated wealth and income inequality in 100 of the largest metropolitan statistical areas across the U.S. based on homeownership rates, changes in single-family median home prices, and a measure of inequality (the Gini Index) between 2010 and 2013.

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