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DC Public and Public Charter Schools
Reply to "Wilson honors for all - how has it worked?"
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[quote=Anonymous]Historically, we whites have been very comfortable with the government acting in ways that disproportionately benefited one group: "Between the Depression in the 1930’s, and the beginning of the Civil Rights movement in the 1950’s, billions of dollars were invested in American homeownership. The post-War housing boom was fueled by [b]subsidized assistance[/b] to over 35 million Americans between 1948 and 1972. During these years, 11 million families bought homes and another 22 million improved their properties. [b]The biggest beneficiary was defacto white suburbia, where half of all housing could claim FHA or VA financing in the 1950’s and 1960’s. For example, at the end of World War II the percentage of U.S. citizens that owned their own home was about 44 percent. In comparison, 2004 showed 76 percent of whites owned their own home, compared to 49.1% of Blacks and 48.1% of Latinos.[/b]" http://www.tracesofthetrade.org/guides-and-materials/racial-wealth-divide/blackwhite-inequality-and-the-home-foreclosure-crisis/[/quote]
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