5 min read

Wednesday Notes: Black Americans and the dream of homeownership

Wednesday Notes: Black Americans and the dream of homeownership
Are Black Americans being locked out of the American dream of homeownership? Image courtesy of MidJourney AI.

Wealth: Are Black Americans being locked out of the American dream of homeownership?

The national gap between Black and white homeownership rates is an important gauge of how we, as a country, have progressed toward the goals of equitable access to homeownership. By that measure, we have backtracked in terms of equality between Black and white families.

Homeownership rates have increased overall and for white and Black Americans since 1994. However, the gap between homeownership rates not only persists, but has grown. In 1960, the gap was 27 percentage points. In 1994, it was slightly higher at 27.7. By July of 2022, the gap had grown to 29.4 percentage points.

Are Black Americans being locked out of the American dream of homeownership? - New York Amsterdam News
In 1960, it was legal to refuse to sell a house to someone because of their race. Yet there was still more parity between Black and white homeowners at that time than there is today, over 60 years later.


Music: Ghostface Killah Joins Lady Wray On “Piece Of Me (Remix)”

Ghostface Killah Joins Lady Wray On “Piece Of Me (Remix)”
This is easily one of the best drops of the month.

Fashion: The Gucci x adidas 2023 Collection Blends High-End Luxury with Three Stripes Heritage

Gucci x adidas 2023 Collection | Nice Kicks
The Gucci x adidas collection includes footwear, apparel, and accessories. Learn more about the Gucci x adidas 2023 collection on Nice Kicks.

Music: Nigerian Afropop Singer Adekunle Gold Signs With Def Jam: Exclusive

Nigerian Afropop singer Adekunle Gold has officially signed with Def Jam Recordings, the company tells Billboard.

“I’ve been following Adekunle Gold since I first heard his record ‘Sade’ in 2016. Over the years, everything in AG’s world has elevated — his songwriting has refined, the scope of his artistry has widened, his vocals have strengthened, his approach to fashion is more distinct, and his showmanship and performance ability have grown exponentially,” says Def Jam CEO/chairman Tunji Balogun in a statement to Billboard. “He’s stepped into stardom on his own terms and is completely comfortable being his true self.”

Nigerian Afropop Singer Adekunle Gold Signs With Def Jam
The label will release the Lagos-born artist’s fifth studio album in June.

Music: Asake Performs On The Tonight Show Starring Jimmy Fallon

Ahmed Ololade Asake, famously known as Asake, recently hit the stage on The Tonight Show Starring Jimmy Fallon to perform some of his biggest hits. The Nigerian singer debuted on the U.S. television show on Monday, March 13th, giving the audience a medley of some of his renowned hits, including the recently-released “Yoga” and “Organise.”

Asake Performs On The Tonight Show Starring Jimmy Fallon
Asake recently thrilled fans when he hit the stage at the The Tonight Show Starring Jimmy Fallon to perform some of his biggest hits.

Technology: ‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders

A cloud of uncertainty hangs over Black founders: How devastating will the ripple effects of the collapse be?

The bank emerged as somewhat of a leader in helping Black founders within the tech ecosystem. It connected them with other founders and investors and provided banking services to help scale their businesses, granting opportunities where other banks shied away. The Black community has a fraught, harrowed history with banking institutions, and SVB emerged as a bank they could trust.

‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders
The bank emerged as somewhat of a leader in helping Black founders within the tech ecosystem.

Technology: How African startups raised venture capital funding in February 2023

For anyone who has been paying attention, funding to African startups appears to have slowed down in the past month. With two weeks gone in March, only a handful of disclosed or undisclosed fundraises have been announced across the continent.

Coming after a year when venture capital funding activities slowed down globally, one wonders whether Africa is finally beginning to see the impact. Regardless, February 2023 was a good month of fundraising for startups in Africa and using data from Intelligence by Techpoint, we explore some of the themes for funding in Africa.

How African startups raised venture capital funding in February 2023
African startups raised $675 million in February 2023, according to Intelligence by Techpoint. Here’s what that looks like.

Technology: The makers of ChatGPT just released a new AI that can build websites, among other things

The makers of ChatGPT just released a new AI that can build websites, among other things
What you need to know about GPT-4, the latest version of the buzzy generative AI technology.

Music: Tiwa Savage – Stamina ft. Ayra Starr & Young Jonn

Tiwa Savage – Stamina ft. Ayra Starr & Young Jonn
Tiwa Savage, Ayra Starr and Young Jonn’s new hit, “Stamina,” had just dropped, and it was taking the city by

Music: Eugy – Konkonsa

Eugy, the British-Ghanaian singer has recently released a new song called “Konkonsa.” The song title is derived from the Twi language, which translates to “gossip.” With his signature Afrobeat sound, Eugy’s Konkonsa takes listeners on a vibrant and energetic journey through the world of juicy rumors and scandalous whispers.

Eugy – Konkonsa
Eugy, the British-Ghanaian singer has recently released a new song called “Konkonsa.” The song title is derived from the Twi

Fashion: Louis Vuitton Presents Its Summer 2023 Taigarama Collection

Louis Vuitton Presents Its Summer 2023 Taigarama Collection
The new leathered goods collection bears an ’80s-inspired palette of neon yellow, Miami green and optic white.

2024 Sneaker Releases

Jul
17
Wednesday Notes for July 17th, 2024

Wednesday Notes for July 17th, 2024

The Uristocrat Headlines for Wednesday, July 17th, 2024
3 min read
Jul
16
Tuesday Notes for July 16th, 2024

Tuesday Notes for July 16th, 2024

The Uristocrat Headlines for Tuesday, July 16th, 2024
2 min read
Jul
15
Monday Notes for July 15th, 2024

Monday Notes for July 15th, 2024

The Uristocrat Headlines for Monday, July 15th, 2024
2 min read
Jul
12
STÜSSY & NIKE LD-1000 Collection

STÜSSY & NIKE LD-1000 Collection

2 min read
Jul
12
Friday Notes for July 12th, 2024

Friday Notes for July 12th, 2024

The Uristocrat Headlines for Friday, July 12th, 2024
1 min read
Jul
11
Thursday Notes for July 11th, 2024

Thursday Notes for July 11th, 2024

The Uristocrat Headlines for Thursday, July 11th, 2024
2 min read
Jul
10
Wednesday Notes for July 10th, 2024

Wednesday Notes for July 10th, 2024

The Uristocrat Headlines for Wednesday, July 10th, 2024
2 min read
Jul
02
Tuesday Notes for July 2nd, 2024

Tuesday Notes for July 2nd, 2024

The Uristocrat Headlines for Tuesday, July 2nd, 2024
3 min read
Jul
01
Monday Notes for July 1st, 2024

Monday Notes for July 1st, 2024

The Uristocrat Headlines for Monday, July 1st, 2024
2 min read
Jun
28
Friday Notes for June 28th, 2024

Friday Notes for June 28th, 2024

The Uristocrat Headlines for Friday, June 28th, 2024
6 min read
Jun
27
Thursday Notes for June 27th, 2024

Thursday Notes for June 27th, 2024

The Uristocrat Headlines for Thursday, June 27th, 2024
2 min read
Jun
26
Wednesday Notes for June 26th, 2024

Wednesday Notes for June 26th, 2024

The Uristocrat Headlines for Wednesday, June 26th, 2024
2 min read
Jun
25
Tuesday Notes for June 25th, 2024

Tuesday Notes for June 25th, 2024

The Uristocrat Headlines for Tuesday, June 27th, 2024
3 min read
Jun
20

Thursday Notes for June 20th, 2024

The Uristocrat Headlines for Thursday, June 20th, 2024 featuring Kendrick Lamar.
2 min read
Jun
19
Wednesday Notes for June 19th, 2024

Wednesday Notes for June 19th, 2024

The Uristocrat Headlines for Wednesday, June 19th, 2024.
2 min read
Jun
18
Tuesday Notes for June 18th, 2024

Tuesday Notes for June 18th, 2024

The Uristocrat Headlines for Tuesday, June 18th, 2024. Boston Celtics win the 2024 NBA Finals.
2 min read
Jun
17
Monday Notes for June 17th, 2024

Monday Notes for June 17th, 2024

The Uristocrat Headlines for Monday, June 17th, 2024.
3 min read
Jun
14

Friday Notes for June 14th, 2024

The Uristocrat Headlines for Friday, June 14th, 2024.
2 min read
Jun
13
Thursday Notes for June 13th, 2024

Thursday Notes for June 13th, 2024

The Uristocrat Headlines for Thursday, June 13th, 2024.
4 min read
Jun
12
Wednesday Notes for June 12th, 2024

Wednesday Notes for June 12th, 2024

The Uristocrat Headlines for Wednesday, June 12th, 2024.
2 min read
Jun
11
Tuesday Notes for June 11th, 2024

Tuesday Notes for June 11th, 2024

The Uristocrat Headlines for Tuesday, June 11th, 2024.
4 min read
Jun
10
Monday Notes for June 10th, 2024

Monday Notes for June 10th, 2024

The Uristocrat Headlines for Monday, June 10th, 2024. A Look at the NBA Finals Game 2 Recap.
6 min read
Jun
07
Friday Notes for June 7th, 2024

Friday Notes for June 7th, 2024

The Uristocrat Headlines for Friday, June 7th, 2024. A Look at the NBA Finals Game Recaps and new music from Tems and Kaytranada.
5 min read
Jun
06
Thursday Notes for June 6th, 2024

Thursday Notes for June 6th, 2024

The Uristocrat Headlines for Thursday, June 5th, 2024. A Look at Kendrick Lamar's Juneteenth, NBA Finals preview and more.
5 min read
Jun
05
Wednesday Notes for June 5th, 2024

Wednesday Notes for June 5th, 2024

The Uristocrat Headlines for Wednesday, June 4th, 2024. A Look at Angel Reese, NPR Music.
4 min read
Jun
04
Aimé Leon Dore x New Balance 1000 collaboration

Aimé Leon Dore x New Balance 1000 collaboration

3 min read
Jun
04
Tuesday Notes for June 4th, 2024

Tuesday Notes for June 4th, 2024

The Uristocrat Headlines for Tuesday, June 3rd, 2024. A Look at Justin Jefferson, Fearless Funds court injunction, Zach Fox and more.
5 min read
Jun
03
Monday Notes for June 3rd, 2024

Monday Notes for June 3rd, 2024

The Uristocrat Headlines for Friday, May 31st, 2024. A Look at Vince Staples, Kendrick Lamar, NBA Finals Preview, and the latest sneakers.
3 min read
May
31
Friday Notes for May 31st, 2024

Friday Notes for May 31st, 2024

The Uristocrat Headlines for Friday, May 31st, 2024. A Look at Vince Staples, Kendrick Lamar, NBA Finals Preview, and the latest sneakers.
4 min read
May
30
Thursday Notes for May 30th, 2024

Thursday Notes for May 30th, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
4 min read
May
29
Wednesday Notes for May 29th, 2024

Wednesday Notes for May 29th, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
3 min read
May
28
Tuesday Notes for May 28th, 2024

Tuesday Notes for May 28th, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
4 min read
May
27
Monday Notes for May 27th, 2024

Monday Notes for May 27th, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
3 min read
May
24
Friday Notes for May 24th, 2024

Friday Notes for May 24th, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Sports
2 min read
May
23

Thursday Notes for May 23rd, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
3 min read
May
22
Jordan Spizike Low and Jordan Stadium 90 "Dongdan"-Themed Colorways

Jordan Spizike Low and Jordan Stadium 90 "Dongdan"-Themed Colorways

1 min read
May
22
Wednesday Notes for May 22nd, 2024

Wednesday Notes for May 22nd, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
3 min read
May
21
Tuesday Notes for May 21st, 2024

Tuesday Notes for May 21st, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Sports
2 min read
May
21
Tyshawn Jones and His New Adidas Tyshawn II Sneaker

Tyshawn Jones and His New Adidas Tyshawn II Sneaker

Key Takeaways * Tyshawn Jones has launched his second signature sneaker with Adidas, the Tyshawn Low. * The sneaker is designed to
2 min read
May
20
Monday Notes for May 20th, 2024

Monday Notes for May 20th, 2024

This is an edition of Uristocrat Notes, a newsletter that explores the most significant cultural stories of the day. Culture
2 min read
Apr
08
adidas Sambas x Lionel Messi x Inter Miami

adidas Sambas x Lionel Messi x Inter Miami

Lionel Messi's collaboration with Adidas Sambas, inspired by his time with Inter Miami, presents a captivating blend of
2 min read
Apr
08
Bode x Nike Astro Grabber

Bode x Nike Astro Grabber

The latest collaboration between Bode and Nike centered around the re-release of the Astro Grabber, a shoe with a rich
2 min read
Feb
08
Bodega x Saucony "Jaunt Woven"

Bodega x Saucony "Jaunt Woven"

The Bodega x Saucony Jaunt Woven is a testament to the fusion of aesthetic appeal and functional design. It'
2 min read
Jan
29
Travis Scott x Jordan Jumpman Jack "University Red" and "Sail"

Travis Scott x Jordan Jumpman Jack "University Red" and "Sail"

The Travis Scott x Jordan Jumpman Jack "University Red" and "Sail" colorways are slated for release
2 min read
Jan
25
Air Jordan 5 "Black Cat" 2024 Release: A Coveted Release for Sneaker Enthusiasts

Air Jordan 5 "Black Cat" 2024 Release: A Coveted Release for Sneaker Enthusiasts

View this post on Instagram A post shared by zSneakerHeadz (@zsneakerheadz) Sneaker culture is excited as the iconic Air Jordan
1 min read
Jan
22
Air Jordan 5 SE "Sail"

Air Jordan 5 SE "Sail"

The Air Jordan 5 SE "Sail," set to release in April 2024, is a highly anticipated addition to the Jordan Brand's Special Edition (SE) range.
2 min read
Apr
25
Air Jordan 5 ‘Olive’ Returning Spring 2024

Air Jordan 5 ‘Olive’ Returning Spring 2024

2024 will feature the release of the Air Jordan 5 "Olive" in of Army Olive, Solar Orange, and
1 min read