The following illustrate Causality and Malicious intent of Federal and State Governments to deny access and prevent economic growth of Afro Americans while promoting disparaging propaganda against Afro Americans ability to achieve economic independence..
Racist Government Policies Explain Income Gap Between Blacks And Whites In The United States
In 1947, when Levittown was first opened, homes were sold to white, working-class families for about $8,000 apiece. That is about $125,000 today. African-Americans were prohibited from buying into those developments, even though they had the economic means to do so.
Well, a half-century later, those homes are now selling for $500,000. They are no longer accessible for working-class families. We passed a law in 1968 saying that African-Americans now have the right to buy into Levittown. But giving them a right to buy into a place that's no longer affordable when they could have bought into it when it was affordable had they been permitted to do so is not a very meaningful right. In that half-century, the white families, working-class families who moved into Levittown gained equity appreciation of perhaps 350-400,000 dollars They used that wealth to send their children to college. They bequeathed it to their children and grandchildren.Since the 1980's AfrocatioN has advocated against Afro Americans buying over priced used homes. Until today people of color continue to chase White flight, a never ending cycle of Afro American funding White American housing wealth while investing in diminishing returns. Realtors and government polices advised whites to cash in and move out because blacks would cause property values to drop.
AfrocatioN economic model is to conduct economic analysis to determine future growth and be there before or when economic growth arrives.
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