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.
FULL STORY: Nine Charts about Wealth Inequality in America (Updated)
Report Details Deep Inequality in the St. Louis Region
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Report Details Racial Inequality in Four Cities
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Florida Considers Legalizing ADUs
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HUD Announces Plan to Build Housing on Public Lands
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Has President Trump Met His Match?
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OKC Approves 7.2 Miles of New Bike Lanes
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Preserving Houston’s ‘Naturally Occurring Affordable Housing’
Unsubsidized, low-cost rental housing is a significant source of affordable housing for Houston households, but the supply is declining as units fall into disrepair or are redeveloped into more expensive units.
The Most Popular Tree on Google?
Meet Rodney: the Toronto tree getting rave reviews.
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