Whats a really fun stat to look out in the gap in generational wealth among poor whites and blacks is a house adjusted for inflation. So the gap in wealth is basicly a house due to red lining and other fun Jim crow era stuff. Really hasn’t ended either actuarial tables don’t describe race but describes poverty stricken areas which effectively recreate red lining but with crime income and various other descriptions. This matters because of how loans and city bonds get evaluated this restricts funding and perpetuates the cycle. Aint that grand.

The entire political treat econmy for America is balanced on who gets access to land so various rents dint wipe away generational wealth. Housing is a speculative asset that Essentially chains Americans to capital as mortgages (death contracts in french) become a tool to disaplin workers as access to loans to get a good rate to buy to build wealth as this helps you escape the lower end of the working class.

If you ever wonder why housing ownership is so valued among workers in America its a way to escape poverty if you can pay it off but its a double edge sword as high prices and unfavorable lending conditions can make you more compliant at work as your fear of losing your property cause constant stress on a household expenses.