Racial inequality in the United States—a country with a long, deep history of racism—is nothing new.
Two new reports highlight ways in which the divide between white and non-white Americans has grown in recent years—and what that spells for the future of America.
In 1981, Minneapolis was facing an affordable housing crisis. Rents had risen 61 percent in the five years since the repeal of Nixon-era rent controls; they were expected to increase another 10 percent the following year. A number of condominium conversions had decreased available units, and the city’s vacancy rate had fallen from 4 to 3.4 percent. With rent increasing as much as 7.6 percent in just a few months, tenants found that they could not survive.
Sadly, in the United States, where one lives is a proxy for opportunity. Housing is linked, inextricably, to health, emotional well-being, family financial security, and economic mobility. Safe, secure housing connected to opportunity should not be treated as a market commodity. It is a basic human need, a right, and a cornerstone of a prosperous, inclusive society.
Financial health is public health.
The financial stability of many Delawareans is so shaky it affects every aspect of our lives, including our personal health.
As a national debate rages over racial justice from the fields of the NFL to the halls of Congress, the Bay Area is acting to achieve economic opportunity for all. Leaders from the business and equity advocacy communities are partnering to drive better economic outcomes for young men of color and launch them on productive, rewarding and fulfilling careers.
It’s no secret that the U.S. is facing a housing affordability crisis, but just how serious and pervasive the issues is may not be as clear. In several sessions at the 2017 ULI Fall Meeting in Los Angeles, panelists discussed how cities across the country are facing issues of income inequality, as well as lack of economic mobility and government support, which are contributing to an under-supply of affordable housing and further exacerbating the issue of homelessness across the country.
The water burbled from the floors of Vickie Carson’s cottage in the semirural northern edge of Houston, saturating everything she owned.
It seeped through the ceiling of Ebony Harrison’s apartment in the impoverished Sunnyside neighborhood, dousing her newborn daughter as she slept.
Last November, city leaders approved a $1.2 billion redevelopment project at 1933 S. Broadway, just a few blocks south of the 10 Freeway. The developers aimed to break ground this year on the transformation of The Reef/L.A. Mart, turning a small hub of creative-industry and fabrication tenants into a massive cluster with more than 1,400 apartments and condominiums, a hotel, and more than 120,000 square feet of retail/commercial space.