It has been argued that during the Great Recession, wealth losses were more concentrated for college-­educated Black and Hispanic families than for White and Asian college-educated families and their non-college-educated Black and Hispanic peers. This article explores the extent to which the...

Homeownership rates have been slow to recover since the financial crisis. Minority groups such as Blacks and Hispanics have been particularly slow to transition into homeownership. Using uniquely constructed anonymized household panel data obtained from a credit bureau, we find that Blacks and...

I provide new evidence on the boom and bust in the housing market during the mid-2000s. The boom actually began in the late 1990s, paused briefly in 2001, and then resumed through the mid-2000s. Moreover, the boom was indeed greatly pronounced among lower-income and higher-minority...