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Housing Discrimination, Redlining and Lack of Land Ownership Created the Racial Wealth Gap

The wealth gap between African-Americans and whites has persisted for generations, but new research indicates that housing discrimination is the main culprit for this gap. Predatory lending has prevented Blacks from accumulating the wealth that other racial groups have, and even today housing discrimination has never dissipated, despite federal laws, such as the Civil Rights Act of 1968, designed to stop it.

A 2017 study called “Up from Slavery? African American Intergenerational Economic Mobility Since 1880” traces back the income data of fathers and sons to 1880, which marked 15 years after the Civil War’s end. Authors William Collins and Marianne Wanamaker analyzed data from 1880 to 2000 to get a clearer look at which families achieved upward mobility in the years after the Civil

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