Tuesday, March 19, 2024
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Tags Housing wealth

Tag: housing wealth

Report: Dr. King’s dream of economic equality deferred as racial wealth...

The 10th annual Martin Luther King Jr. Day report by UFE explains that the Great Recession took a greater portion of wealth from Black and Latino families than it did from White families. Today, the average net worth of White families is, respectively, more than six times higher and 5.7 times higher than the average Black and Latino families. Median wealth disparities are even greater.