Racial Wealth Gap – IRP Poverty Dispatch

Study ties black-white wealth gap to stubborn disparities in real estate, By Michael Fletcher, February 26, 2013, Washington Post: “The large and growing wealth gap separating white and black families is the product of stubborn barriers that disproportionately consign African Americans to less-valuable real estate and lower-paying jobs, according to a new study. A long-term examination of the financial lives of black and white Americans revealed that African Americans typically face a subtle but persistent opportunity gap that has served to widen financial disparities remaining from a long history of overt discrimination, according to a report to be released Wednesday by Brandeis University’s Institute on Assets and Social Policy…”
Study shows racial wealth gap continues to widen, By Christine Dugas, February 27, 2013, USA Today: “Years after the civil rights movement, racial inequality continues to deepen. The wealth gap between white and African-American families has nearly tripled over 25 years, according to a study released today by the Institute on Assets and Social Policy at Brandeis University. Although African-American family income has increased over time, white families have accumulated much more wealth. By tracking families, the study found that the gap between white and African-American family wealth increased from $85,070 in 1984 to $236,500 in 2009…”