The historic timeline is what interests me in the first graph. Black homeownership seems to flatline from around '84 to '04. What caused that plateau and subsequent drop?
The start of it corresponds to, roughly, the end of the first generation of Affirmative Action, while the second is about when we start seeing the effects of massive globalization. Now, I don't want to overprescribe the effects of these two events, as teasing things like this out is quite difficult, but unless events are accounted for, analysis tends to be weak. So, what other historical factors can be seen in these charts? What can be eliminated and what points to real problems that need to be addressed?
The historic timeline is what interests me in the first graph. Black homeownership seems to flatline from around '84 to '04. What caused that plateau and subsequent drop?
The start of it corresponds to, roughly, the end of the first generation of Affirmative Action, while the second is about when we start seeing the effects of massive globalization. Now, I don't want to overprescribe the effects of these two events, as teasing things like this out is quite difficult, but unless events are accounted for, analysis tends to be weak. So, what other historical factors can be seen in these charts? What can be eliminated and what points to real problems that need to be addressed?