Home & Wealth

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“Measure your wealth not by the things you have, but by the things for which you would not take. Home on the beach, world travel, being with the grandkids?

Wealth measures the value of all the assets of worth owned by a person, community, company or country. Wealth is determined by taking the total market value of all physical and intangible assets.

The intergenerational transfer of homeownership also sustains and exacerbates the existing racial wealth gap. About 40% of black families own homes, compared with 73% of white families, a rate that is.

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The pressure is ramping up for Democratic presidential hopefuls who hope to take on President Donald Trump next year. Here’s a brief look at who is battling for the nomination in the 2020 election. By.

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On the campaign trail, Sen. Cory Booker often name-drops his Newark, N.J., neighborhood, noting that he "lives in a community that is below the poverty line." Pete Buttigieg, now mayor of South Bend.

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As with total wealth, homeownership is heavily skewed towards White families. In 2016, 72 percent of White families owned their home, compared to just 44 percent of Black families. Between 1983 and 2016, Latino homeownership increased by a dramatic nearly 40 percent, but it remains far below the rate for Whites, at just 45 percent.

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