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Between 2007 and 2010, the average white family experienced an 11% reduction in wealth, but the average black family lost 31% of its wealth. The average Hispanic family lost 44.7%.
Matthew Desmond
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"Between 2007 and 2010, the average white family experienced an 11% reduction in wealth, but the average black family lost 31% of its wealth. The average Hispanic family lost 44.7%."
— Matthew Desmond #familyparenting #moneywealth

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Between 2007 and 2010, the average white family experienced an 11% reduction in wealth, but th…

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Between 2007 and 2010, the average white family experienced an 11% reduction in wealth, but the average black family lost 31% of its wealth. The average Hispanic family lost 44.7%. — Matthew Desmond

About Matthew Desmond

Matthew Desmond was a Sociologist from United States (1979–present).

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Frequently Asked Questions

Who said "Between 2007 and 2010, the average white family experienced an 11% reduction in…"?
This quote is attributed to Matthew Desmond, a Sociologist from United States.
When did Matthew Desmond live?
Matthew Desmond lived from 1979 – present.
What is this quote about?
This quote touches on Family & Parenting, Money & Wealth. Browse more quotes on these themes from the categories page.