Is wealth decreasing for African Americans in Prince Georges County?

UPPER MARLBORO, MD- AUGUST 2: Denise Watson brings lunch to the table in the dinning area of the kitchen as her husband Samuel Kargbo waits on August 2, 2014 in Upper Marlboro, MD. Watson bought her two-bedroom town home in the Villages of Marlborough. The home which, cost $315,00 in 2005, has a back deck view of the 11th fairway of golf the course behind their town house. The community has fallen on hard times; the golf course and the neighborhood clubhouse with tennis court and a pool are now bankrupt. Watson, a former Air Force officer, who now works for the Veteran's Administration, had hoped to sell and buy a single family home but the investment she thought would increase has left her nearly $100,000 in the hole. The expanding black middle class that was accumulating wealth in Prince George's County has dwindled since the housing crash, stripping more than half the value from their homes. (Photo by Michel du Cille/The Washington Post via Getty Images)
UPPER MARLBORO, MD- AUGUST 2: Denise Watson brings lunch to the table in the dinning area of the kitchen as her husband Samuel Kargbo waits on August 2, 2014 in Upper Marlboro, MD. Watson bought her two-bedroom town home in the Villages of Marlborough. The home which, cost $315,00 in 2005, has a back deck view of the 11th fairway of golf the course behind their town house. The community has fallen on hard times; the golf course and the neighborhood clubhouse with tennis court and a pool are now bankrupt. Watson, a former Air Force officer, who now works for the Veteran's Administration, had hoped to sell and buy a single family home but the investment she thought would increase has left her nearly $100,000 in the hole. The expanding black middle class that was accumulating wealth in Prince George's County has dwindled since the housing crash, stripping more than half the value from their homes. (Photo by Michel du Cille/The Washington Post via Getty Images)
Is wealth decreasing for African Americans in Prince Georges County?
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The Washington Post / Contributor
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462127332
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The Washington Post
Date created:
02 August, 2014
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The Washington Post
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PG-Black wealth
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