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IPR Faculty Affiliate Rachel Dwyer's work featured in The Society Pages

August 5, 2014

IPR Faculty Affiliate Rachel Dwyer's work featured in The Society Pages

For the full roundtable, see: http://thesocietypages.org/roundtables/racial-wealth-gap/

Rachel Dwyer: The current dynamics in the racial wealth gap are a mix of entrenched inequalities with deeply concerning new developments. The racial wealth gap has long been driven by housing inequality undergirded by continued high levels of residential segregation. New political economic dynamics have changed the nature of black-white housing inequality, however. Whereas once blocked access to mortgages was the principal obstacle to homeownership, loosened financial regulation means that inequalities in mortgage terms and conditions like interest rates, payment terms, and loan servicing increasingly drive housing inequality. Douglas Massey has described these changes as the “moving target” in housing discrimination