Black Wealth/White Wealth Quotes

“Locked out of the greatest mass-based opportunity for wealth accumulation in American history, African Americans who desired wealth and were able to afford home ownership found themselves consigned to central-city communities where their investments were affected by the "self-fulfilling prophecies" of the FHA appraisers: cut off from sources of new investment[,] their homes and communities deteriorated and lost value in comparison to those homes and communities that FHA appraisers deemed desirable.”
― Melvin Oliver, Black Wealth/White Wealth: A New Perspective on Racial Inequality