Who owns homes in Richmond?
Homeownership is one of the primary methods for building generational
wealth and accessing the improved quality-of-life that comes with it.
Owning a home can provide greater stability than renting by allowing
residents to stay in their community, build long-term equity, and to
invest in their community’s education and other public services
through their home’s property taxes. Like many other cities in
California, Richmond’s homeownership has often been restricted to
wealthy white neighborhoods and maintained through policies such as
Proposition 13, which defines state increase in property tax.
In Richmond, white residents own homes at more than
2x the rate of Black residents and
1.3x that of Hispanic residents.
Meanwhile, Hispanic residents rent almost 2x more and Black residents
rent around 1.5x more than White residents.
Who faces eviction?
Who is evicted is related to one’s socioeconomic and geographic
reality. Eviction is one of the most common methods of displacement,
which is when a resident is forced to move against their will.
Displacement can have negative effects ranging from worse physical and
mental health, more emergency room visits, lower educational outcomes
for children, food insecurity, to higher rates of future homelessness.
Using data from when tenants are officially removed from their home by
the county sheriff from January 2017 to March 2022, the Eviction
Research Network finds that there are significant racial disparities
in evictions in Richmond. Note that this dataset is a severe
undercount of the actual number of evictions occurring, but still
represents the overall trend.
This map shows neighborhoods with the highest levels of recorded
evictions:
the Iron Triangle,
Panhandle, and Hilltop.
These neighborhoods are predominantly Black and Hispanic. The
current housing landscape places the vulnerable - who are often
racial minorities - in precarious situations rather than support
them.
While eviction moratoria during the COVID-19 pandemic reduced overall
evictions in 2020, Black and Hispanic residents are still evicted at
higher rates compared to White and Asian residents. In 2017, there
were 3.5 Black and 2.5 Hispanic evictions for every 1 White eviction.
In 2021, there were 3.5 Black evictions and 4 Hispanic eviction for
every White eviction.
All of these factors are tied with financial instability and housing
vulnerability, which is exacerbated by an eviction.