Monday, September 25, 2017

By 2024, median Black and Latino households are projected to own 60-80% less wealth than they did in 1983

Black families have been losing savings, property, and wealth for thirty years, and will reach a median wealth of zero in 26 years. Median Black household wealth is on a path to hit zero by 2053 and median Latino household wealth is projected to hit zero by 2073.

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