Skin color has l kept the people from being able to build a better community. Which is also a problem that we are currently facing. It’s a everlasting cycle. Within the reading “Closing the Wealth Gap”, by Meghan Kuebler; it has explained that the wealth gap shows little potential of all being equal. It shared that whites are likely to accumulate wealth overtime and have the ability to share assets with the coming generations of their family. Where as minorities are less likely to have that ability to accumulate and keep wealth. One aspect of wealth Kuebler researched upon was the homeownership; it has shown that blacks were less likely to own homes within the year of 1910. Due to having lower levels of education, lower salaries, the GI bill of rights which excluded out blacks, and not being able to move out of urban neighbor hoods. It has also been shared that when minorities move into neighborhoods the housing value deprecate, which result of the inability for Blacks to own a home. While resulting at the same issue of 2010, showing only 44% of Blacks home within this time period. This goes to show how privileges weren’t appointed to minorities then, which lead to the issues we have now. For those who weren’t able to accumulate wealth, didn’t retain real assets of net worth, but simply income. Which leads to the division of income inequality and
Skin color has l kept the people from being able to build a better community. Which is also a problem that we are currently facing. It’s a everlasting cycle. Within the reading “Closing the Wealth Gap”, by Meghan Kuebler; it has explained that the wealth gap shows little potential of all being equal. It shared that whites are likely to accumulate wealth overtime and have the ability to share assets with the coming generations of their family. Where as minorities are less likely to have that ability to accumulate and keep wealth. One aspect of wealth Kuebler researched upon was the homeownership; it has shown that blacks were less likely to own homes within the year of 1910. Due to having lower levels of education, lower salaries, the GI bill of rights which excluded out blacks, and not being able to move out of urban neighbor hoods. It has also been shared that when minorities move into neighborhoods the housing value deprecate, which result of the inability for Blacks to own a home. While resulting at the same issue of 2010, showing only 44% of Blacks home within this time period. This goes to show how privileges weren’t appointed to minorities then, which lead to the issues we have now. For those who weren’t able to accumulate wealth, didn’t retain real assets of net worth, but simply income. Which leads to the division of income inequality and