The housing market crash constitutes the largest loss of wealth to Black Americans in modern history. When I heard this last year it blew me away. I’m still trying to wrap my arms around the enormity of that fact. I think I even dropped it into a blog post hoping to receive alarmed exclamations from readers. This seemed to me a dire and largely unrecognized injustice – akin to watching poor residents of New Orleans abandoned during, and exploited after, Katrina.
I was reminded of this once more when I heard author Beryl Satter on the Tavis Smiley show yesterday. She was explaining how post-WWII Blacks in Chicago were discriminated against by… Read more