Once youve got no way to leave, youll simply do your best to thrive. Examining household wealth for different ethnic groups to better understand inequalities in Great Britain. With language and cultural headwinds Asians face in America, why isthe median Asian American income so much higher than other races? And the wealth gap between Black and white Americans has only persisted: In the fourth quarter of 2020, white households had a total net worth that was over 20 times that of total wealth held by Black households. The household reference person (HRP) is the person that is the sole or joint householder or is responsible for household affairs. The value of any pension pots already accrued that are not state basic retirement or state earning-related. [A-Z]{2,})/i.exec(b):!1};return a}();if(m=window.adthriveCLS)m.disableAds=new g(window.adthrive);n.ClsDisableAds=g;Object.defineProperty(n,"__esModule",{value:!0});return n}({}) These households were approximately twice as likely to have negative net financial wealth as those from the White British group (Table 1). We will show in later sections that there are large differences in household wealth by ethnicity, which will be a result of these and other factors. This may be due to a higher proportion of Indian workers in the high tech and medical industries. It says a shortage of staff in maternity care is the biggest concern. Entrepreneurship tends to be much more lucrative than being a median income worker over the long term. Yet, real estate prices have not fully reflected this reality yet, hence the opportunity. e=2;e