[HN Gopher] Wealthy Black Families Still Suffer Segregation Fed ...
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       Wealthy Black Families Still Suffer Segregation Fed Study Says
        
       Author : newscasta
       Score  : 4 points
       Date   : 2021-09-09 21:25 UTC (1 hours ago)
        
 (HTM) web link (www.bloomberg.com)
 (TXT) w3m dump (www.bloomberg.com)
        
       | j_walter wrote:
       | >Some wealthy Black families still live in U.S. neighborhoods
       | with relatively low incomes and high rates of unemployment,
       | suggesting other factors such as housing discrimination are at
       | play, according to a Federal Reserve study.
       | 
       | I'm confused...this simply states that "there must be some other
       | factor like housing discrimination" without actually showing it.
       | There have been many studies that show large cities are getting
       | less diverse neighborhoods as people prefer to live in areas
       | where they are more represented (Blacks live in majority black
       | neighborhoods, Chinese live in majority chinese neighborhoods,
       | etc). With the large gap in much fewer wealthy black families to
       | poor black families that would mean on average they live in
       | poorer areas. This "study" doesn't really show anything.
        
       | DevKoala wrote:
       | This could also be explained due to wealthy people inheriting
       | property in affluent neighborhoods while wealthy families of
       | color are still building their wealth.
       | 
       | To get a proper conclusion here, the study should look at the
       | factors that contributed to the wealth of these families.
       | Assuming housing discrimination is a factor just because of skin
       | color is deceiving.
        
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       (page generated 2021-09-09 23:03 UTC)