"It's important [to offer more small-dollar mortgages] in this era where we're recognizing the severity of the racial wealth gap and finally trying to do something about it."
“The data from the last several months are consistent with the view that COVID has encouraged potential buyers to move from urban apartments to suburban homes"
Even with its very large improvement in affordability once a wage hike is implemented, the lowest-income earners overall in the Richmond, Va., area will still be expected to pay almost half of their income on rent each month