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LGBT renters cite discrimination, affordability and confusion as obstacles to homeownership

October 01, 2018 / Jeremiah Jensen

Freddie Mac found a disturbing trend in homeownership rates: Members of the LGBT community are less likely to own a home, are more mobile, fear discrimination when buying a home, a prioritize living in LGBT-safe neighborhoods. The survey, conducted by LGBTQ research firm Community Marketing and Insights in April 2018, was completed by 2,313 LGBT community members living in the U.S. between the ages of 22 and 72. According to the survey results, 49% of LGBT households are likely to own a home, which is significantly lower than the national average homeownership rate of 64.3%.