When: Wednesday, December 5, 2018, 9:30 — 11:30 a.m.
Where: The Brookings Institution, Falk Auditorium, 1775 Massachusetts Ave, NW, Washington, DC
What:
According to new research from the Brookings Metropolitan Policy Program and Gallup, in the average U.S. metropolitan area, homes in majority-black neighborhoods are valued at roughly half the homes in neighborhoods with no black residents, amounting to $156 billion in cumulative losses, lower levels of wealth accumulation among black homeowners, and reduced upward economic mobility for black children. The report, “The devaluation of assets in black neighborhoods: The case of residential property,” by Andre Perry and Jonathan Rothwell, finds that this devaluation is caused by racial bias.
On Wednesday, December 5, the Brookings Metropolitan Policy Program and Gallup will explore these findings. Following a presentation on the research, two panel discussions will discuss possible implications on advocacy efforts and policy reforms.
Following the panel discussions, speakers will take questions from the audience.
Join the conversation on Twitter using #HomeownershipWhileBlack.
This event has reached capacity and registration is now closed.