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Along with the Rent, the Discrimination is Also Too Damn High (To Buy a House!)

It’s easy to joke about the rent being too damn high in Richmond, but it's scary to wonder if you can even get in the door to begin with.

Ash Griffith | October 11, 2018

It was bad enough when we realized just how high the rent was rising: Now, LGBTQ future homeowners might have to keep that dream on the backburner due to feared discrimination.

Owning a home is very high on the list of quintessential American dreams, but according to a survey, this dream will materialize for only less than half of LGBTQ Americans. Most future homebuyers prioritize safe neighborhoods, and ones that are LGBTQ-centric adds to the time added to the search. Price is always an understandable priority as rent and mortgage prices continue to rise, along with the confusion over how much to save for a down payment (which, while a mystery to many, is also to seven out of ten LGBTQ prospectors).

Specifically, this survey was done at a time when more people are looking to own their own home. While 64 percent is the overall national average, for the LGBTQ community it is down to 49 percent. Danny Gardner, the Senior Vice President of Affordable Lending at Freddie Mac, explained to Realty Biz News why the survey was approached how it was.

“We fielded this survey to get a better understanding of the current challenges facing the LGBT community, as well as their current housing choices, preferences, experiences and aspirations,” Gardner said. “What we found was that several factors — including increased mobility, lower marriage and a tendency to live in high-cost urban areas, and fears of discrimination — may be contributing to these lower homeownership rates.”

A lot of it is a combination of lack of access to knowledge, and a genuine fear of discrimination — which is a startling reality in 2018 for LGBTQ couples to face, as there still isn’t a federal law to prevent this. According to the Human Rights Campaign, LGBTQ couples often are required to pay more in taxes when buying or selling a home than their heterosexual counterparts: Simply for the fact of existing.

When it comes down to it, everyone deserves the right to sleep at night with a roof over their head. While some issues are easier to ramify (lack of correct knowledge on home-buying, what to put down for a down payment, how to obtain a loan, etc), discrimination is an entirely different animal. Some couples can, and will, be removed from their home just because they had the nerve to live in the world.

It’s easy to joke about the rent being too damn high in Richmond, but it’s sobering when you sit for a moment to wonder if you can even get in the door to begin with.