City Journal, Winter 2026, The Cost of Crime
This should matter more to progressive policymakers, who largely attribute the racial wealth gap to disparities in homeownership. The National Community Reinvestment Coalition, for example, notes: “For most families, their home is the primary way they store and build wealth. The Black–White homeownership gap is therefore the primary driver of the Black–White racial wealth divide. . . . In fact, between 2013 and 2022, more than 90 percent of the wealth gains for Black Americans came from homeownership.” One would expect, then, that self-styled progressives would calibrate their public-safety policies to protect the home values of the very people whose interests they claim to represent.
