{"id":1158,"date":"2022-04-04T03:07:25","date_gmt":"2022-04-04T07:07:25","guid":{"rendered":"https:\/\/actec.matrixdev.net\/?post_type=video&p=1158"},"modified":"2023-10-05T12:42:14","modified_gmt":"2023-10-05T16:42:14","slug":"fair-housing-and-opportunity-hoarding","status":"publish","type":"video","link":"https:\/\/actec.matrixdev.net\/resource-center\/video\/fair-housing-and-opportunity-hoarding\/","title":{"rendered":"“Fair” Housing and Opportunity Hoarding"},"content":{"rendered":"\n
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\u201cFair\u201d housing is an unachieved goal in the United States. In the 1930s, the federal government used \u201cred lining\u201d in poor black neighborhoods marking them as “hazardous,” which cut them off from infrastructure investments, banking and finance, and development. Today, the effects of systematic racism are still evident in our society, with prime real estate zoned as single-family housing and the working poor priced out of many cities and communities. The average black American has eight cents for every dollar of wealth that white Americans have. A contributor to this wealth gap is the lack of wealth transfer from generation to generation through many families\u2019 most significant assets, their home.<\/p>\n\n\n\n

In this video, Georgetown Law Professor, Dr. Sheryll Cashin<\/a> discusses her well-researched book White Space, Black Hood: Opportunity Hoarding and Segregation in the Age of Inequality<\/em> with host ACTEC Fellow Terrence M. Franklin<\/a>. Wealth management and estate planning professionals have an opportunity to understand the complexities of the issue better and work with black communities to increase wealth transfer for future generations.    <\/p>\n\n\n\n

\u201cSlums Breed Crime<\/a>\u201d image courtesy of Wikimedia Commons and U.S. National Archives and Records Administration, Public Domain.<\/em><\/p>\n<\/div>\n\n\n\n

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