“Homeownership enables families to build wealth, helps stabilize communities, and has been linked to access to educational, employment opportunities, increased safety as well as physical and mental health. The market for single-family homes and their financing are key components of a strong economy; the housing market also employs thousands of professionals as well as earnings for industry practitioners and returns for investors. Despite the emphasis on this aspect of the ‘American Dream’ in popular culture and among scholars and policymakers, Black and other minority families have faced many barriers to homeownership, most of which can be traced to cumulative disadvantage and structural inequalities. In the years since the 2008 crisis, homeownership opportunities for Black Americans had begun to take a promising turn. However, in early 2020, the onset of the COVID-19 pandemic very quickly began to threaten the lives, health, and economic viability of Black households across the U.S. ” — 2020 State of Housing in Black America: Challenges Facing Black Homeowners & Homebuying During the COVID-19 Pandemic and An Agenda for Public Policy
Following the presentation, Vanessa will engage in discussion and Q&A with attendees.
About the Speaker
Vanessa Gail Perry, MBA, PhD, is a Professor of Marketing, Strategic Management and Public Policy in the School of Business. Her research on consumers in financial and housing markets, public policy, and consumer welfare has been published widely in scholarly journals and practitioner oriented outlets. In addition, she has been an invited speaker at many industry conferences and events, such as the Federal Reserve Bank of Cleveland’s Policy Summit on Housing, Human Capital, and Inequality, the Federal Trade Commission’s Conference on Consumer Information and the Mortgage Market, among others.
In 2016, Professor Perry served as Senior Advisor to the Secretary of the U.S. Department of Housing and Urban Development, and from 2011 to 2012, as an expert appointee at the U.S. Consumer Financial Protection Bureau. She has also served as a consultant to public and private sector clients, including the Bank of America, the National Association of Realtors, the IRS, and the U.S. Department of Housing and Urban Development. Professor Perry has received several awards and honors for her work. Her documentary film, “Dog Parks and Coffee Shops: Diversity Seeking in Urban Neighborhoods,” co-produced with Sonya Grier, won the Association for Consumer Research’s Film Festival Award for Best Documentary. Her article, “Is Ignorance Bliss? Consumer Accuracy in Judgments about Credit Ratings” won the Best Paper Award from the Journal of Consumer Affairs. She has also received several teaching honors, including the GWU School of Business PhD Advisor of the Year, the GWSB Undergraduate Teacher of the Year, and the GWSB Teaching Excellence Award.
Before joining the faculty at GWU, Professor Perry was a Senior Economist at Freddie Mac. Professor Perry holds a BA in Philosophy from The American University, an MBA from Washington University in St. Louis, and a Ph.D. from the University of North Carolina at Chapel Hill.