Document / News Article

Georgia's estimated $34-plus billion in heirs property could ease wealth, housing gap

Posted 2019 Reviewed August 24, 2023
Source
Carl Vinson Institute of Government University of Georgia
Author
David Pendered
About This News Article

In Georgia alone, an estimated $34-plus billion in property has no owner with a clear title. If the value were unlocked, this heirs property – most of it presumed to be in black hands – could help address the black-white divide in homeownership and issues related to poverty, according to an emerging body of research by the Federal Reserve Bank of Atlanta and others.

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