A recent article published in the Miami Herald, Study: Race, ethnicity impact wealth in metro Miami area, featured data from the new “Beyond Broke” report on the state of wealth disparities in Miami.

The Miami metro area reported lower home ownership rates than Los Angeles, Washington, D.C., and Tulsa, Oklahoma, according to a report exploring the racial wealth gap that was released Monday.

The study, by two nonprofits aimed at promoting social justice, found that the Miami metro area had the lowest home ownership rate, and that home ownership was most closely correlated to racial and ethnic groups in the four cities. About two-thirds of whites, Cubans and Caribbean black families owned their homes, while only 50 percent of African Americans and those of South American and Puerto Rican descent owned their homes.

Read the full article in the Miami Herald