Detroit’s Black homeowners gained nearly $3B in real estate wealth from 2014-22: Study
Detroit’s Black and Hispanic/Latino homeowners who stayed in the city since 2014 have added $3 billion in home wealth, according to a new study. A new study released today by the University of Michigan Poverty Solutions found that Black homeowner-occupants in Detroit accumulated $2.8 billion in added home value between 2014 and 2022. Neighborhoods with high concentrations