The City of New York (CUNY) Institute for State and Local Governance (ISLG) recently released a new study, title Equality Indicators, that analyzed areas of "vast inequality" across the city including in housing. Curbed NY staffer Ameena Walker reports on the study which shows that minorities, the LGBTQ community and immigrants are disproportionately affected by severe rent burden in the city.
It does not get better when looking at home-ownership rates:
Additionally, the denial rate for a home purchase loan for African Americans floats close to 17 percent, but for white applicants it’s around 12 percent, even though whites average about five times more home loan applications. On that same note, LGBT individuals and families are only 31 percent more likely to own homes in comparisons to heterosexuals, who have a 41 percent chance.