New study finds LGBT people less likely to be homeowners

By : James Wellemeyer OF THE WASHINGTON BLADE, COURTESY OF THE NATIONAL LGBT MEDIA ASSOCIATION
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A Freddie Mac study release in October 2018 found that homeownership rates among LGBT people trail behind those of the U.S. population at large.

Whereas 64.3 percent of American households own a home, only 49 percent of LGBT households in the U.S. own their own home. These numbers drop for young LGBT people and black LGBT people. Thirty percent of LGBT African-Americans own a home and 23 percent of LGBT Millennials are homeowners.

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