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  1. another stat from the article could read is that median net worth of black households dropped only $7k compared to $50k drop in white households. All these statistics are easy to misread.
    What article does allude to is home ownership —-and that is where the ‘median’ white household will have some wealth (and since house values dropped the median dropped).
    Less than 1/2 of black households own homes and almost 3/4 of whites do.

    What is going on is that the bottom 75% or so of american households are falling further and further behind.

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