Measured by race, the homeownership gap between whites and blacks is now at its widest since 1960, wiping out more than 40 years of gains.
It’s official, by the way: the housing bust is the worst since the Great Depression. Will another year of Obama seal the deal? Another headline this week: Housing Recovery May Not Come Until 2020. That, y’all, was the “optimistic” view.
I’m guessing that’s the best-case scenario if Obama is booted out of office next year and a RINO doesn’t take his place.