In Portland, two women found that a male friend was able to get their real estate offer accepted immediately, highlighting the bias female developers face compared to their male counterparts.
The stark disparity in compensation becomes evident as a 2020 study reveals that white women earn 51% less than men in bonuses, a stark contrast that underscores systemic inequality in real estate.
Alicia Glen, a former deputy mayor and founder of MSquared, shares her struggles in raising capital despite her impressive credentials, illustrating the ongoing challenges women encounter in the development sector.
Statistics reveal only 2.8% of real estate firms are women-owned and even fewer are minority-owned, emphasizing the overwhelming male dominance in the industry.
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