Any way you slice it: the rich get richer, and the poor get poorer.
The Urban Institute shares a series of infographics—built on research by Signe-Mary McKernan, Caroline Ratcliffe, C. Eugene Steuerle, Caleb Quakenbush, and Emma Kalish—that show why wealth inequality hasn't improved over the past 50 years, and, in particular, why the racial wealth gap has not closed.
According to the post, "income inequality, earnings gaps, homeownership rates, retirement savings, student loan debt, and lopsided asset-building subsidies have contributed to these growing wealth disparities."
For instance, homeownership rates show Black and Hispanic families trailing White families in homeownership.
The post concludes by listing policy recommendations that can make a difference to the country's growing inequality.
Read the full story: Nine Charts about Wealth Inequality in America (Updated)
Report Details Deep Inequality in the St. Louis Region
Ken Leiser shares the results of survey finding that "Blacks are far more likely than whites to live in poverty, to be unemployed and to drop out of school in the St. Louis region."
High Housing Costs Are Bad News for Older Millennials
Burdened by rising housing costs, many millennials are finding it increasingly difficult to pay off debt or save for the future.
Report Details Racial Inequality in Four Cities
Five decades after the Fair Housing Act, racial inequality is still rampant in American cities. Trulia and the National Fair Housing Alliance collaborated on this report on four of them.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Move over, LA: St. Louis gears up for Olympics, invests millions in downtown redevelopment
The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
Mass. votes against statewide minimum lot size for single-family homes
Over 2 million residents voted on Question 7; it was decided by just over 30,000 votes.
Maryland’s $15 billion bridge project gains key approval
The Maryland Transit Authority said the project will create over 60,000 jobs and add $23 billion to the local economy.
‘No clear next steps’ for Chicago's permanent festival grounds
Eleventh Ward Ald. Nicole Lee has suggested Soldier Field as a possible location for the permanent event space.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello