“At some point, it’s going to crystallize and everyone’s going to pull out” of homes facing climate risks.
African-American homeowners pay hundreds of dollars more per year in mortgage interest and mortgage insurance premiums than White homeowners.
Edward Golding speaks about MIT's recent report that shows that black homeowners pay more to be homeowners than other groups.
"If we can pass laws to disallow risk-based pricing in health care...we can do it in housing finance too.”
"... it's going to take massive government policy changes to really move the needle and make up for hundreds of years of systemic racism.”
Inequities make it impossible for Black households to build housing wealth at the same rate as white households.
