Fast Company: America’s racial wealth gap is enormous and getting worse

Fast Company, August 30, 2021, America’s Racial Wealth Gap Is Enormous and Getting Worse

Despite gains in educational attainment and income, Black people cannot close the difference in net worth between them and white people.

Only 42% of Black Americans own homes, compared with 72% of white Americans. Despite some gains, there has been a 20% to 30% gap in Black-white home ownership rates for the past 100 years, according to the National Community Reinvestment Coalition.

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