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Re:Gerontopoly: Homeownership, wealth, and age by sp527 on Monday April 23, 2018 @09:12PM (#16909031)
There are at least two variables he's missing that matter a lot:

(1) Selection bias. The pool of immigrants who make it to America in the first place likely skews well above average.

(2) Culture/ecosystem problems in black communities, even if it's politically incorrect to argue it. Black neighborhoods are plagued by gang culture/violence, drugs, patriarchal absenteeism (estimates vary, but roughly 50% seems likely), intergenerational educational deficit (if parents are illiterate/undereducated, their children are likely to be so as well), and various other more generic issues that stem from chronic poverty.

Re:Gerontopoly: Homeownership, wealth, and age by 0x4f3759df on Monday April 23, 2018 @10:26PM (#16909400)
If the level of absenteeism is very high, it is very likely that the parents are renters and not homeowners, so it circles back a little to the main point.