Been in my house for quite a while now. When we rebuilt the house, we had to move into an apartment for three months. The apartment (a tiny studio) rent was one and a half times what our mortgage payment was. Insane.
In today’s USA, the net worth for white households averages out to something like $140,000, while for people of color it’s more like ⅒ of that. Net worth is heavily dependent on what your home is worth — if you own a home. This is the economic legacy of centuries of slavery and discrimination.
I hear that. A friend of mine lived in the Bronx in the 60s. Burglars broke down the door and found nothing to take. He decided to leave the door off because fixing it would cost more than everything he owned and was a clear sign to burglars that there was nothing worth stealing.
Templo S.U.D. over 2 years ago
qué afortunado (how lucky)
rekam Premium Member over 2 years ago
Doesn’t look like there’s anything to steal anyway.
Wlly Blly over 2 years ago
Been in my house for quite a while now. When we rebuilt the house, we had to move into an apartment for three months. The apartment (a tiny studio) rent was one and a half times what our mortgage payment was. Insane.
Richard S Russell Premium Member over 2 years ago
In today’s USA, the net worth for white households averages out to something like $140,000, while for people of color it’s more like ⅒ of that. Net worth is heavily dependent on what your home is worth — if you own a home. This is the economic legacy of centuries of slavery and discrimination.
mistercatworks over 2 years ago
I hear that. A friend of mine lived in the Bronx in the 60s. Burglars broke down the door and found nothing to take. He decided to leave the door off because fixing it would cost more than everything he owned and was a clear sign to burglars that there was nothing worth stealing.