Suburbs Sproting News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wealth-build prag building prog. like what? the gr bill. one of the tenants of the new deal was create a new middle class but usher veterans into this new opportunity for homeownership. there were suburbs sproting up across the country. black folks could not take advantage of that. it s not that they were explicitly denied access, but the gate keepers were oftentimes southern white men who refused to give these black service men access to those benefits. and so where they got low interest white folks got low interest loans coming back from the war, black folks could not. by in large that s changed on paper but we ve never recovered. when you think about the average whitehouse hold, for every hundred dollars they have, black folks have $5.07. that gap is wide. black folks are 13% of the population but hold 3% of the nation s wealth. we ve never recovered. there was an opportunity there, but it s been missed and we have never recovered. it s a fascinating piece. always learn someth ....

Home Ownership , Middle Class , Gr Bill , Build Prag Building Prog , Suburbs Sproting , Gate Keepers , Average Whitehouse Hold , Interest Loans , 15 07 ,