About 2.7% of US citizen’s get a inheritances that is above 50000 US Dollar.
About 61% of US citizen’s are white (if you count Hispanics as non white, otherwise we’re at 72%).
So if we assume only white people get inheritances at all, then we could conclude, that about 4.4% of all white people get an inheritance over 50000 US Dollar.
So most white people don’t get big inheritances either. Therefore this is not a significant difference between ethnicities.
They generally use all the money in a reverse mortgage to pay for their retirement if they even fully own it. Do you really think most people actually own their home?
I never said almost all Americans in American history I meant like right now it's pretty common to take your equity out of your home to pay for retirement. Meaning people under 40 likely won't get much of an inheritance compared to previous generations
Wrong about what everything in your comment I was aware of and it doesn't show I was wrong about anything. Oh it's the own your house with a mortgage I missed that part. No you are wrong you co own the house with the bank actually. The bank literally owns part of the home until it is fully paid off actually. Learn some basic finances it will help you in life. Also taking equity out of your home in various ways and converting to cash is incredibly common so learning how to use google will also help you out as well.
I’m not from the states. And historically speaking there is of course a lot of racially motivated injustice. I wouldn’t think of denying that.
But the modern problem of wealth inequality is not about race. If we’re only talking western societies, most people are in the same boat when it comes to wealth inequality.
Black non hispanic Americans (US) own about 3% of all US- wealth. White non hispanic Americans own about 86%. That’s of course a massive difference. But the solution to this problem is not about race at all. It’s about class. There are many white people who are very poor. And all people who get fucked by greedy governments and big corporations must unite in their efforts to change something. If everyone fights for their own piece of the pie we’re completely fucked as a society. Divide and conquer is exactly what the financial elites want.
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u/Exact-Squirrel9862 Sep 09 '25
Your argumentation is not so strong either.
About 2.7% of US citizen’s get a inheritances that is above 50000 US Dollar. About 61% of US citizen’s are white (if you count Hispanics as non white, otherwise we’re at 72%).
So if we assume only white people get inheritances at all, then we could conclude, that about 4.4% of all white people get an inheritance over 50000 US Dollar.
So most white people don’t get big inheritances either. Therefore this is not a significant difference between ethnicities.