
Black buyers are getting squeezed out of the hot housing market
CNN
Nicosha Jones spent nearly a year trying to buy her first home.
Jones, 48, planned to build equity by buying a home in the South Phoenix neighborhood where she grew up. Instead, she's on the sidelines, facing skyrocketing rent and struggling to restart the process of looking for a place of her own.
"It was very defeating, very discouraging," Jones said. "That's the American Dream. Once you buy a home, you feel that you're accomplished."
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