No, because what do you think those white people fleeing to the suburbs in the 80s and 90s did? They didn't sell homes to minority homeowners because the banks wouldn't give minorities loans. They either sold to other white landlords, or became landlords themselves.

So, the million dollar apartments are owned by wealthy white landlords who have realized 100% of the appreciation, while systematically pushing poorer minorities, who are almost 100% renters, out to even worse ghettos.