The Great Recession was associated with a dramatic reduction in the wealth of millions of Americans, particularly wealth in the form of home equity. In this report, co-authors Darrick Hamilton and Chris Famighetti discuss the impact race and education levels have on homeownership levels. You can read the report by clicking here.
The Stanford Center on Poverty and Inequality is a nonpartisan research center dedicated to monitoring trends in poverty and inequality, explaining what’s driving those trends, and developing science-based policy on poverty and inequality. The Center, a program of the Institute for Research in the Social Sciences at Stanford University, supports research by new and established … Continue reading »
Co-authored by Dedrick Asante-Muhammad, Chuck Collins, Darrick Hamilton and Josh Hoxie. The deep and persistent racial wealth divide will not close without bold, structural reform. It has been created and held in place by public policies that have evolved over time including slavery, sharecropping, Jim Crow, white capping, red lining, mass incarceration, and predatory subprime … Continue reading »