Author Topic: New Report Looks at How Obama’s Housing Policies Destroyed Black Wealth  (Read 218 times)

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New Report Looks at How Obama’s Housing Policies Destroyed Black Wealth
Zaid Jilani

December 8 2017, 10:31 a.m.

Barack Obama’s election marked a significant turning point in American history, and it was rightly celebrated as a sign of racial progress. But Obama’s presidency came at a time of economic hardship, due to predatory financial practices that led to the 2007 recession. That, combined with the Obama administration’s flawed housing policies, led to a major decline in African-American wealth during the Obama years, according to a new report from the People’s Policy Project, a new Washington, D.C.-based think tank.

https://theintercept.com/2017/12/08/barack-obama-housing-policy-racial-inequality/