How Long to Read Assets for the Poor

How Long Does it Take to Read Assets for the Poor?

It takes the average reader 7 hours and 11 minutes to read Assets for the Poor by Thomas M. Shapiro

Assuming a reading speed of 250 words per minute. Learn more

Description

Over the past three decades, average household wealth in the United States has declined among all but the richest families, with a near 80 percent drop among the nation's poorest families. Although the national debate about inequality has focused on income, it is wealth—the private assets amassed and passed on within families—that provides the extra economic cushion needed to move beyond mere day-to-day survival. Assets for the Poor is the first full-scale investigation into the importance of family wealth and the need for policies to encourage asset-building among the poor. Assets for the Poor shows how institutional mechanisms designed to encourage acquisition of capital and property favor middle-class and high-income families. For example, the aggregate value of home mortgage tax deductions far outweighs the dollar amount of the subsidies provided by Section 8 rental vouchers and public housing. Banking definitions of creditworthiness largely exclude minorities, and welfare rules have made it nearly impossible for single mothers to accumulate savings, let alone stocks or real estate. Due to persistent residential segregation, even those minority families who do own homes are often denied equal access to better schools and public services. The research in this volume shows that the poor do make use of the assets they have. Cash gifts—although small in size—are frequent within families and often lead to such positive results as homebuying and debt reduction, while tangible assets such as tools and cars help increase employment prospects. Assets for the Poor examines policies such as Individual Development Account tax subsidies to reward financial savings among the poor, and more liberal credit rules to make borrowing easier and less costly. The contributors also offer thoughtful advice for bringing the poor into mainstream savings institutions and warn against developing asset building policies at the expense of existing safety net programs. Asset-building for low-income families is a powerful idea that offers hope to families searching for a way out of poverty. Assets for the Poor challenges current thinking regarding poverty reduction policies and proposes a major shift in the way we think about families and how they make a better life. A Volume in the Ford Foundation Series on Asset Building

How long is Assets for the Poor?

Assets for the Poor by Thomas M. Shapiro is 418 pages long, and a total of 107,844 words.

This makes it 141% the length of the average book. It also has 132% more words than the average book.

How Long Does it Take to Read Assets for the Poor Aloud?

The average oral reading speed is 183 words per minute. This means it takes 9 hours and 49 minutes to read Assets for the Poor aloud.

What Reading Level is Assets for the Poor?

Assets for the Poor is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Assets for the Poor?

Assets for the Poor by Thomas M. Shapiro is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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