The Racial Wealth Divide: Why Housing Matters

Search form

The Racial Wealth Divide: Why Housing Matters

The Racial Wealth Divide: Why Housing Matters
Wed, 5/29/2013 - by United For a Fair Economy

Housing, a cornerstone of the "American Dream," is the largest form of privately wealth held by families across the United States. This infographic draws attention to the intersection of housing as both a globally-recognized human right and as a commodity in a global stock market controlled by the wealthy. We urge readers to acknowledge the history behind the long-standing racial wealth divide and to consider the interplay between federal housing policies and risky financial practices and their impacts on the divide.

We are releasing this infographic just days after Duke University released a new study, which found that Black and Latino homebuyers arepaying more for housing than whites. Earlier this year, shortly after the release of UFE's report on housing and racial inequality, a Brandeis University study highlighted homeownership as the number one driver of the growing racial wealth gap.

How many studies need to be published before policymakers begin treating housing like a human right and not a commodity to be gambled with on Wall Street? Perhaps more importantly, what must be done to unite and galvanize communities—of all races and classes—to push lawmakers and to take control of the situation where they're falling short? Inequality has become worse than most people think. Economic apartheid has gripped our country. But, money is no match for people power.

Learn more about what's happening on the ground with State of the Dream 2013: A Long Way From Home.

 

Article Tabs

David Petraeus, prosecuting leakers, whistleblowers, Black Books, Paula Broadwell, Espionage Act, John Kiriakou, Stephen Kim, Identities Protection Act, Wikileaks, Chelsea Manning

The former Army general and CIA director gave highly-classified journals to his onetime lover and lied to the FBI about it – but he only has to plead guilty to a single misdemeanor, with no jail time, thanks to a deal with prosecutors.

An average of 545 people killed by local and state law enforcement officers in the U.S. went uncounted in the country’s most authoritative crime statistics every year for almost a decade, according to a report released on Tuesday.

Black Lives Matter, #BlackLivesMatter, Black Panthers, Black Panther Party, Ferguson protests, Michael Brown, racial injustice, police killings, police violence, police brutality, Huey Newton, Bobby Seale, Fred Hampton

A half century ago, activists were demanding not only the recognition that black lives matter but also the right to black power.

recycled biofuel, Uptown Oil, Fatbergs, carbon emissions, clean burning fuel, biodiesel

Uptown Oil estimates London could produce around 50 million liters per year of recycled biodiesel, causing a major drop in greenhouse gas emissions. So why is government turning its head?

public banking, public banks, Bank of Canada

Canada’s privatization of public finance in the last 40 years has led to an unprecedented level of debt – now, a scrappy legal case for economic justice is seeking to reverse that.

Occupy.com's New Original Series: Act Out! Premiers March 4th, Watch the Trailer Now!

Posted 3 days 22 hours ago
public banking, public banks, Bank of North Dakota, Ellen Brown

New bedfellows are writing what may be the next chapter in the story of our democracy: a network of public banks to facilitate a lateral, collaborative distribution of affordable credit that challenges Wall Street's control.

Posted 3 days 22 hours ago

"Under The Dome," which relates a mother's concerns about the effect of the country’s filthy air on her child, has been compared to Rachel Carson's seminal work "Silent Spring."

Posted 2 days 18 hours ago
Charlie Hebdo, ISIS killings, LGBT threats

A human rights commission report warns that anyone believed to be LGBT under the Islamic State control is likely at imminent risk of death.

Posted 3 days 22 hours ago
Boris Nemtsov, Russia repression, Russia protests, Russian opposition movement, Alexei Navalny, Vladimir Putin

"If political views are punished this way, then this country simply has no future," Sergei Mitrokhin, an opposition leader, said of Nemtsov's murder.

Posted 3 days 22 hours ago
Act Out!

In this first installment of Act Out!, Eleanor Goldfield takes on a sprawling corporate trade deal and celebrates the national movement that's mobilizing to protect the Internet from corporate interests.

Agreeing to Investor-State Dispute Settlement in this enormous new treaty would tilt the playing field in the U.S. further in favor of big multinational corporations – worse, it would undermine U.S. sovereignty.

Charlie Hebdo, ISIS killings, LGBT threats

A human rights commission report warns that anyone believed to be LGBT under the Islamic State control is likely at imminent risk of death.

An average of 545 people killed by local and state law enforcement officers in the U.S. went uncounted in the country’s most authoritative crime statistics every year for almost a decade, according to a report released on Tuesday.

recycled biofuel, Uptown Oil, Fatbergs, carbon emissions, clean burning fuel, biodiesel

Uptown Oil estimates London could produce around 50 million liters per year of recycled biodiesel, causing a major drop in greenhouse gas emissions. So why is government turning its head?

Sign Up