I said this before, black marriages need to be back in the 80 - 85% range. Before 1965 when marriages were up, black men were builders, we had our own stores and the things that she's talking about. We were able to save up and purchase these things. The black woman in the 60s and before saved every dayum penny.
FF to 2022, the marriage rate for black women is at 24-25%, there's no building going on with individuals. The reason that these other groups can build is because they are MARRIED, the banks are quick to lend them money. These folks save money, the woman is trying to save every penny that she can etc. Black women in 2022, spend money like it's going out of style. When you're married, the husband tends to save, invest, think forward, that is his role as the husband. The woman would add to the overall plan. Both parties are working together, this comes with being married.
Black women, single, spend spend, spend and spend, consume, there's no building in that sector, but if she's in a marriage, the building can happen because the husband and her can create a plan/vision and that will put her focus on that vision where she can't spend.
Black men spend too, but not as nearly as black women
Let's also talk about "Lending" These banks and lending companies are not giving Blacks money for startup businesses to begin with. As individuals/singles it's much harder to get a loan from a bank because the bank is using 1 income one credit score etc. Most black men make around 42k a year, that's not going to wild the banks into lending you a 1.2-million-dollar loan to build up a building or apartment complexes, A bank won't even consider giving your ass a loan for you to build up a ice cream stand, let alone give you a loan to rehab houses etc. The men who are in that 10-12% group, that make close to 6 figures or above 6 figures, still have a hard time getting loans. It's very few of those men and GUESS WHAT, THOSE MEN DON"T STAY IN NO DAYUM HOOD THOSE MEN AND THEIR WIFE LIVE IN AREAS THAT HAVE THINGS/AMMENTIES ETC. THEM MEN MAY NOT BUILD IN THOSE ARES THAT SHE's TALKING ABOUT.. THE HOOD. MOST DIDN"T COME FROM THE HOOD IF WE ARE BEING HONEST
The black men that stay in the hood are nikkas with no money (fast money, no bank account) or make less than 42k a year, 16–17-dollar hr. job if that with BAD CREDIT., they are not really married, they have a BM/GF whose making around 28k or 32k, BAD CREDIT and on gov't assistance. AINT NO BUILDING HAPPENING WITH THOSE STATS. SOME MEN PUSH, SO YOU KNOW THEY NOT TRYING TO DO ANYTHING OTHER THAN BUILD A CAR WASH OR PUT MONEY INTO A RAP LABEL
To fix the problem, BLACK marriages will need to be established. That means 2 incomes can be combined, over 100k or close to that number, women will have to clean up their credit score, it's so many of our women with BAD ass credit scores HIGH DEBT/CONSUMER DEBT, some dudes too. Spending habits will need to be cut, weaves and all that other BS will need to be cut out. You do that, then you can save money and have income to show the bank. As a married couple, you can use 2 incomes, a stronger Credit Score and you at least will have a good resume to present to the banks to get that 200k loan to build in the Hood or Black area.
Let's be fair, there are no black community, we have hoods. We had communities back in the 60s and before, we have poverty areas or hoods.