1. Why is wealth inequality, in particular differences in home ownership & Property values, an important part of the story of racial inequality in the US?
2. What specific policies, programs, & practices contributed to postwar housing inequalities?
3. Given this history, what do you think some of the racial implications of the recent mortgage market meltdown are?
There are some basic things that I recommend as a way to start. First, address each question on its own. One of the nice thing about the order of the questions is that they help guide you in terms of creating an outline for your paper as the first question provides a means for you to address three important background pieces - 1) wealth inequality, 2) home ownership and its relationship to property values and 3) the impact race and racism has on parts one and two. Question two is about the government and bank industries response after WWII and three is simply applying what you know and think using materials from questions one and two for support.
I'd start with gathering whatever materials you already have from class and deciding what you can use for each of these individual things and then address each thing separately before you combine them into your paper.
Here's some brief information and suggestions for how to address each piece:
Wealth inequality - remember that wealth is defined as things that can be transferred or inherited, its not just about money as this can be earned and lost pretty easily. Wealth includes things like property, stocks and bonds, jewelry, art, cars, houses and social status - meaning ones standing in various social circles. If you think about 'who' is wealthy in America, then you'll be able to understand this fairly well - people who are powerful are often well connected over generations but some, a very few, can ascend their class. For example the most recent President Bush presented himself as an outsider to Washington partially because his dad (the first President Bush) was part of a ...
Wealth inequality for the house we live in is determined.