Housing Inequality
Housing inequality can be related to wealth wether it is in regards to wealth of the city, wealth of the citizens or household income. This can all play a major role in housing inequality. First you must understand what housing inequality is to understand why wealth plays such a big role. By definition “housing inequality is the difference in the quality of housing that exists within a given society” (en.wikipedia.org/wiki/housing_inequality)
In the united states we show a wider separation between rich and poor than any other nation. We emphasize our daily lives of wealth and income that this can control individuals. When looking at housing inequality you need to break it down starting at the location. What is the community like is it a safe close community that is well taken care of or is it a distant community that each individual fends for themselves. Is there good schooling, do you have large shopping centers and do you have parks and recreation for children to be a part of. The quality of housing is such a neighborhood would be greater than that of a neglected area.
When it comes to the citizens of housing, wealth tends to lead back to race of the community and the Great Recession. As explained by Gene Demby “Just last year, the census revealed, that whites had about 22 times the wealth of African-Americans and 15 times the wealth of Latinos — and those numbers only got worse over the last five years during the Great Recession.” Then mentioned in another article “The typical white family held a net worth six times greater than the typical black family at the end of the 20th century. That gap has now doubled. The wealth gap between white and Hispanic households has widened as well.” It seems to appear the white families are wealthier than those of African Americans and or Latinos.
Where you live has a lot to do with your profession and the household income. Typically neighborhoods with expensive housing, safer parks and recreactions and well keep land will have
residents living there who have a higher paying job and a higher household income. Now this may
be my personal observation
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