- Metro Detroit’s poverty gets worse despite city’s comeback, By Frank Witsil, April 26, 2018, Detroit Free Press: “A new look at the poorest urban areas in America, despite economic growth and prosperity, puts metro Detroit near the top of the list. The report — from 24/7 Wall St., a New York-based financial news organization — ranks the Detroit area at No. 5 in a list of impoverished communities. It also raises the question: During such good economic times, why are so many getting left behind..?”
- Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty, By Samuel Stebbins, April 23, 2018, USA Today: “By several measures, the United States is in a period of historic economic growth and prosperity. Major stock market indices have hit record highs, unemployment is at a near two-decade low, and we are in the midst of what may prove to be the longest period of sustained GDP growth in U.S. history. However, amid all the good news, the poverty rate is on the rise, and several U.S. cities are becoming increasingly geographically and socially segregated by income…”
Tag: Concentrated poverty
Home Loan Discrimination
Redlining was banned 50 years ago. It’s still hurting minorities today., By Tracy Jan, March 28, 2018, Washington Post: “Racial discrimination in mortgage lending in the 1930s shaped the demographic and wealth patterns of American communities today, a new study shows, with 3 out of 4 neighborhoods ‘redlined’ on government maps 80 years ago continuing to struggle economically. The study by the National Community Reinvestment Coalition, released Wednesday, shows that the vast majority of neighborhoods marked ‘hazardous’ in red ink on maps drawn by the federal Home Owners’ Loan Corp. from 1935 to 1939 are today much more likely than other areas to comprise lower-income, minority residents…”
Concentrated Poverty – Kalamazoo, MI
Study shows uneven economic growth, concentrated poverty in Kalamazoo, By Malachi Barrett, July 12, 2017, MLive.com: “Kalamazoo is changing, but the rising tide hasn’t lifted all areas of the city equally. A new study shows a concentration of the poorest, least educated and oldest residents live on Kalamazoo’s north and east side. Some of the poorest areas have continued a downward socioeconomic slide, but the fastest growth is occurring in another disadvantaged area of the city…”