Thank you to NordPass for Supporting PBS. You can go to https://nordpass.com/twocents to learn more. Use code "twocents" at https://nordpass.com/twocents SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H For decades, the American Dream of owning a house was denied to certain segments of the population... and we are still living with the effects today. Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. sources: https://medium.com/themap/if-you-roll-your-eyes-at-white-privilege-focus-them-on-redlining-b5aa81100360 https://en.wikipedia.org/wiki/Civil_Rights_Act_of_1968 https://www.npr.org/2017/05/03/526655831/a-forgotten-history-of-how-the-u-s-government-segregated-america https://www.npr.org/sections/codeswitch/2017/03/31/522098019/everyone-pays-a-hefty-price-for-segregation-study-says https://www.britannica.com/topic/redlining https://www.smithsonianmag.com/history/how-federal-government-intentionally-racially-segregated-american-cities-180963494/ https://www.federalreserve.gov/econres/notes/feds-notes/disparities-in-wealth-by-race-and-ethnicity-in-the-2019-survey-of-consumer-finances-20200928.htm https://www.mckinsey.com/industries/public-and-social-sector/our-insights/the-economic-impact-of-closing-the-racial-wealth-gap# https://www.brookings.edu/research/devaluation-of-assets-in-black-neighborhoods/' https://depts.washington.edu/civilr/covenants_report.htm Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Andrew Matthews Images by: Shutterstock Music by: APM