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Asset Inequality Research Paper

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In America today there is clearly a racial and gap problem. Asset inequality continues to be a issue here today. Minorities have been victims to the subprime mortgage system. Blacks have been given an unfair amount of the loans that has caused to them to lose a big amount of their home equity earnings. Financial assets are key to maintaining and staying ahead in your finances and usually without them you’re more likely going to struggle to stay in the middle class and fall to poverty. Housing wealth is disproportionate due to the fact the African American families parents and grandparents grew up in segregated areas where it was hard to gain any financial capital. According to the article in paragraph 5 Melvin Oliver claims that African

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