ML-Implode News - Land loss has plagued black America since emancipation -- is it time to look again at 'black commons' and collective ownership?

Discriminatory practices have also affected who owns property as well as land. In 2017, the racial homeownership gap was at its highest level for 50 years, with 79.1% of white Americans owning a home compared to 41.8% of black Americans. This gap is even larger than it was when racist housing practices such as redlining, which denied black residents mortgages to buy, or loans to renovate, property were legal.
The lack of ownership is crucial to understanding the crippling economic disparity that has hollowed out the black middle class and continues to plague black America -- making it harder to accrue wealth and pass it on to future generations.

A 2017 report found that the median net worth for non-immigrant black American households in the greater Boston region was just US$8, but for whites it was $247,500. This was due to "general housing and lending discrimination through restrictive covenants, redlining and other lending practices."

Nationally, between 1983 and 2013, median black household wealth decreased by 75% to $1,700 while median white household wealth increased 14% to $116,800.

Relevant:

Land loss has plagued black America since emancipation -- is it time to look again at 'black commons' and collective ownership?