BACKFIRE Alert! Rep Claims This Post From Musk Proves Trump and DOGE Are...
Time to Shut Down the RACIST Department of Education (I Said What I...
Joe & Mika Rage: Liberal Media Melts Down When Trump Takes Control!
'HOLY CRAPOLA'! Federal Judge Gets Pretty INSURRECTION-Y in NEW Ruling Against Trump...
Bill Ackman Takes NGOs APART for Doing the Dirty Work Government Isn't LEGALLY...
WHOA: Amy Klobuchar's Bizarre DOGE MELTDOWN Inspires Some VERY Damning Questions ... for...
'Living in a Different World'! CNN's Update About Trump Approval Will Drive Dems...
The Ladies of 'The View' Claim Trump Has a Diabolical Plot to Ban...
Chaos? Congressman Wesley Hunt Is Loving It.
'You're a MEME Now': Mike Lee's Response to Margaret Brennan CRYING About USAID...
Wajahat Ali TORCHED for RACIST AF, TDS-Inflicted, Embarrassingly BAD Garbage Take on Chief...
Pete Buttigieg Trips HARD Over His Former Boss While Lecturing About Rule of...
Woke DINOSAUR Dem Spittles All OVER Himself Threatening Trump for Ending Waste and...
Authoritarian DBAG Chuck Schumer Shares Portal for Fed Employees to Tattle on Trump...
Media 'Fact Checks' About FEMA Money and Illegal Aliens Are Aging Worse by...

CNBC: High mortgage rates are hitting the LGBTQ community especially hard

We had to scroll down quite a ways in CNBC’s story to find out why, exactly, members of the LGBTQ community are saying high mortgage rates are hitting them especially hard. They tell the story of one gay man looking to buy his first home, but there doesn’t seem to be anything out of the ordinary.

Advertisement

Apparently, this is the problem:

This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.

According to the Williams Institute at the UCLA School of Law, 50% of LGBTQ adults and 64% of LGBTQ couples own their own homes. For non-LGBTQ groups, those numbers are 70% and 75%.

That sounds like it would be a barrier to all first-time homebuyers regardless of sexuality. CNBC notes that “historical data on home ownership rates by sexuality were not tracked by the Census Bureau.”

Advertisement

What inspired this article? Pride Month? What’s the point and what is anyone supposed to do about it?


Related:

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement