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Real Estate Archives - Institute of the Black World 21st Century

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The Black-white wealth gap left Black households more vulnerable

By Commentaries/Opinions

By Emily Moss, Kriston McIntosh, Wendy Edelberg, and Kristen E. Broady— The COVID-19 pandemic has inflicted devastating effects on the U.S. economy, with job losses  especially concentrated among women, minorities, and low-wage workers. Economists have described the uneven and unequal economic recovery from the COVID-19 recession as a “K-shaped” recovery, characterized by divergent recovery trajectories for the affluent relative to those of less means. While considerable attention has been devoted to examining the…

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