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Prof. Toney and Lina Moe Named St. Louis Fed Fellows

Toney said, “I will be using the IEE fellowship to advance my current work that examines the effects of historical redlining and racially restrictive housing covenants on households and neighborhoods.”

Can millennials afford a house without family help?

The American dream has become too expensive: Most millennials want to own a home one day, but they sure can’t afford one now. During the pandemic, housing prices have climbed, with the nationwide increase moderating to 2.6% year over year in...

Research: Generational wealth matters

Income at life events represents the many ways that generational wealth can drive the contrast in incomes between white and Black households.

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