The House That Family Money Built

At both ends of the wealth spectrum, the laws governing credit and debt hardwire patterns of both privilege and poverty. They drive financial extraction by creating a flow of assets from the pockets of low-income families into the bank accounts of high-wealth ones. In short, some families are legally enabled as they accumulate and preserve great fortunes that get passed down through generations-while others are locked into a cycle of scraping by, just hoping to find affordable housing and put…