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Recent news from The Johns Hopkins University

This section contains regularly updated highlights of the news from around The Johns Hopkins University. Links to the complete news reports from the nine schools, the Applied Physics Laboratory and other centers and institutes are to the left, as are links to help news media contact the Johns Hopkins communications offices.

 

If You Made Money Buying a 1st Home in the 2000s, You Probably Weren’t Black

In a study recently published in the journal Real Estate Economics, public policy professor Sandra J. Newman and researcher C. Scott Holupka found that race was a key determinate of which low and moderate-income people who bought first homes during the decade made money. During the Great Recession, white homebuyers lost money but black ones lost considerably more. Even during the boom years, when white buyers increased their wealth by 50 percent, black buyers lost 47 percent of their wealth.