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Page 1: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000
Page 2: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

INCOME INEQUALITY IN THE U.S.

Reardon & Bischoff (2011)

Page 3: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

69.8%

10%

% of Families % of Wealth

32.7%

1%

WEALTH INEQUALITY IN THE U.S.

Davies et al. (2007)

Page 4: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

WEALTH INEQUALITY BY RACE/ETHNICITY

0

20000

40000

60000

80000

100000

120000

140000

White African

American

Latino

Me

dia

n

HH

Ass

ets

($)

McKernan et al. (2013)

Page 5: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

HOUSING SEGREGATION: BLACK-WHITE DISSIMILARITY

81 80 79

78 76

74

73

Population Studies Center,

University of Michigan

Page 6: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

WHITE SEGREGATION IN ST. LOUIS

ACS, 2009-2013

Page 7: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

A LEGACY OF PAST POLICIES…

Coates (2014) Rothstein (2014)

Page 8: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

A LEGACY OF PAST POLICIES (~1910-1968)

Local Policies

Racial Zoning

Restrictive Covenants

Federal Policies

FHA Redlining

Page 9: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

…PERPETUATED BY CURRENT POLICIES

Local Policies

e.g., Exclusionary (Low-Density) Zoning

State Policies

e.g., Education Funding

Federal Policies

e.g., Mortgage Interest Deduction

Multi-level Policies

e.g., Siting of Affordable Housing

Page 10: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

1968 FAIR HOUSING ACT

NAACP Members

Picket in Detroit (1963) Source: Reuther Library, Wayne State University

Page 11: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

REINFORCING THE FAIR HOUSING ACT

▪ U.S Supreme Court decision

▪ Texas Dept. of Housing and Community Affairs v.

The Inclusive Communities Project

▪ Recognizes “disparate impact” claims

▪ HUD’s “New Rule”

▪ “Affirmatively Furthering Fair Housing” (“AFFH”)

Page 12: INCOME INEQUALITY IN THE U.S. - Brookings Institution · WEALTH INEQUALITY IN THE U.S. Davies et al. (2007) WEALTH INEQUALITY BY RACE/ETHNICITY 0 20000 40000 60000 80000 100000 120000

csd.wustl.edu

Inclusive Housing