"While many whites were able to board an express train to middle-class wealth between 1945 and 1975, people of color were left waiting for a train that never showed up. As a result of government subsidies, white homeownership rates steadily rose to as high as 75 percent in 2005, while Black rates peaked at 46 percent the same year — a 30-point gap that persists to this day.Since then, subsequent generations of white families have been able to help their children buy homes and go to college through what sociologists call the “intergenerational transmission of advantage,” while Black families lacked the financial stability to do the same...."
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H.R. 40 - Commission to Study and Develop Reparation Proposals for African-Americans Act
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