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Black homes in Minneapolis are worth around $33,000 less than white ones. Here’s how one expert says racism devalues black neighbourhoods across the country.

Economic inequality has been thrust into the forefront over the past week. Black Americans lag behind whites on many indicators, particularly on homeownership. A report from the Brookings Institute released last year found that each black home was undervalued by $US48,000 on average. One expert called it “a major extractor […]
Black homes in Minneapolis are worth around $33,000 less than white ones. Here’s how one expert says racism devalues black neighbourhoods across the country.