Post #1675159
2023-07-14 22:26 UTC
Even those Black veterans who managed to secure loans faced organized resistance and violence from white homeowners. As a result, when Black WWII veterans reached the age when wealth typically peaks, the median net worth of their households was significantly lower than that of white households, with a difference of $100,000.
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#BlackMastodon #Histodons #History #StillWeRise
Replies (1)
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@Deglassco@mastodon.social 2023-07-14 22:28
Consequently, Black veterans were largely excluded from benefiting from the postwar housing boom and the accumulation of property equity, which is a key pathway to generational wealth. 20/ #BlackMastodon #Histodons #History #StillWeRise