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ARTICLE · 12 APRIL 2017

The ReSET – The Racial Wealth Divide In Baltimore

The Center for Enterprise Development, with support from JP Morgan Chase, published a study on the racial wealth divide in Baltimore.

United StatesReal Estate and Construction

The Center for Enterprise Development, with support from JP Morgan Chase, published a study on the racial wealth divide in Baltimore. Baltimore is hardly alone in struggling with the challenges of wealth inequality which, according to this report, has been expanding in urban centers such as Baltimore. "This growing inequality has manifested through gentrification and concentrated poverty in communities of color." It's not hard to envision that separation in Baltimore: barely four miles lie between Penn-North, the epicenter of the unrest after Freddie Gray's death two years ago, and the Inner Harbor. Two worlds separated by a ten minute drive.

Mind the Gap. The CFED report provides plenty of detail, but the take away couldn't be clearer. For Baltimore, a majority minority city, Black residents fare worse than African Americans nationally; White residents fare better than the national averages (and the national average itself isn't acceptable). The CFED report

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