Season 1. Episode 2: Housing Market - Racial Wealth Gap

Unlike income or education, wealth can be passed directly across generations. Parents can also use their resources indirectly to advantage their offspring’s future wealth accumulation, such as by purchasing a home that allows their children to grow up in an advantageous neighborhood. But Latin and Black families, with a net worth of $3020 and $8, respectively, can’t achieve this. This is the issue behind legacy and housing. So let’s talk about it.