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St. Louis Fed Analysis Examines Homeowner Equity, Racial Wealth Divide Over Time
July 14, 2017
ST. LOUIS, July 14 -- The Federal Reserve Bank of St. Louis issued the following news release:

The housing market collapse affected millions of American families across the country, but it hit black and Latino families especially hard because so much of their wealth was tied up in housing, according to analysis in the latest edition of the St. Louis Fed's Housing Market Perspectives report.

"Relatively low cumulative increases in long-run wealth for black and Latin . . .

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