The recession and housing bust hit minority communities the hardest, as Hispanic households on average lost nearly half of their home equity and Black households lost 28% between 2007 and 2010, according to the Urban Institute. Due to the loss of homes by people of color, the wealth gap is likely to increase as minorities are finding it more difficult to enter back into the housing market. What will these disparities and demographic shifts mean for race and class in the United States? How will the lack of affordable housing for minorities affect their ability to take financial risks?
Panelists:
Tanner Colby, Author, Some of My Best Friends Are Black: The Strange Story of Integration in America
Lisa Hasegawa, Executive Director, National Coalition for Asian Pacific American Community Development
Mark Hugo Lopez, Director of Hispanic Research, Pew Research Center
Richard Lui, News Anchor, MSNBC and NBC News (moderator)
From the Aspen Institute State of Race in America Symposium. Find out more at www.aspeninstitute.org/stateofrace .
