“The study paints an even grimmer picture for lower-income minorities, including those who held onto homes after the subprime crisis. Negative equity problems are highly concentrated in minority and low-income neighborhoods.”
Such is the legacy of Democrat economic policy, which, from 2007 through 2014, was controlling Congress. The people they ‘champion’ are paying a heavy price.
Low income and minority groups vote heavily for the Party that oppresses them.
Hopefully, some of these minority and low-income voters will open their eyes soon.
With a Republican Congress and president, this downtrend can be reversed.
Or…the oppressed can choose to continue being oppressed.