Housing

From 1980 to 2015, homes in white neighborhoods increased in value, on average, $194,000 more than in neighborhoods of color, according to new research. And the rate of the gap in assessed values of these comparable homes in comparable neighborhoods is getting larger over time.

Researchers at the Kinder Institute estimated the annual cost of evictions to Harris County, where more people are evicted each year than anywhere in the U.S., with the exception of New York. The increasing costs of evictions eat up funding that could go toward improving the county’s public health, transportation, public safety and education infrastructure.

Overall, 63% of Houston households have faced serious financial problems related to the COVID-19 crisis. And the overwhelming majority of Black (81%) and Latino (77%) households report having major financial troubles, according to a recent survey.