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Property gender gap report 2021 From Urban Research Institute

The following is the Property gender gap report 2021 From Urban Research Institute recommended by And this article belongs to the classification: Consumer research, Life data, research report.

The Urban Research Institute released the “report on the gender gap in real estate in 2021”. Over the past 30 years, women have made great progress in narrowing the income and education gap, and the growth of their housing ownership has become an important embodiment of these trends. In 1990, there were 15.7 million female headed households in the United States. By 2019, this number has reached 39.2 million. In contrast, the number of male headed households decreased from 44.4 million to 43.1 million.

In addition, 61% of female heads of households owned their own property in 2019, an increase of 10 percentage points over 1990. Moreover, the real estate gap between male and female headed households narrowed from 20 percentage points in 1990 to 6 percentage points in 2019.

The report examines the situation of home ownership by the gender of the head of household and how it has changed over the past three decades. The analysis explores the factors that reduce the gender gap in housing ownership, including population, race and ethnicity. This reduction is mainly due to the increase in household income, followed by more married women becoming heads of households.

Despite real progress, this is not a simple picture. When we analyze these trends, we must bear in mind the dynamics of ownership transfer, the dominance of economic advantages, historical racial and ethnic housing barriers, and family composition in the choice of use rights, especially because these basic factors behave differently among racial and ethnic groups.

In addition, the COVID-19 pandemic has had a disproportionate impact on women’s participation in labour force, making them face risks. Based on the analysis, the report also makes policy recommendations to ensure that the epidemic and persistent racial and ethnic differences do not undermine the progress made in narrowing the gender gap in housing ownership over the past 30 years.

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