Black buyers are getting squeezed out of the hot housing market

Black buyers are getting squeezed out of the hot housing market

CNN Edition - Business·2022-05-22 12:11

(CNN)Nicosha Jones spent nearly a year trying to buy her first home.

Jones, 48, planned to build equity by buying a home in the South Phoenix neighborhood where she grew up. Instead, she's on the sidelines, facing skyrocketing rent and struggling to restart the process of looking for a place of her own.

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