it appears city, kim phillips because the fiscal collapse of new york city another brush with bankruptcyreshaped ideas. wrapping up the best books of 2017 is the color of law, how local state federal legislation is responsible for segregated cities. >> today -- the life of american families who prohibited moving into those homes and rented apartments in the city did not gain to $300,000 in equity. white families gained that equity in today those homes are unaffordable to working-class people. working-class families cannot afford that. today there are seven times the median income. middle-class families cannot afford to move. so, today nationwide have a ratio income, african-american income is about 60% of white income. those families in this country gain their wealth through housing equity. this enormous difference between 60% income ratio of 5% wealth ratio is almost attributable to unconstitutional federal housing policy practiced in the 1930s, 40s and 50s. the wealth gap is attributable to this. >> you can watch this on booktv.org. [inaudible] >> thank you for being

<kim phillip/homeowner says: " living in the oaklad hills we are alwasy conscious of the 1990's oaklandhills fire. so we do the best we can. when the fire actually came there were rain embers it was pretty nerve wrecking.">(pam) crews say, at least 70 people had to be evacuated from their homes. thankfully no one was injured. crews were able to control the fire by 4:00 this morning. the cause of the fire is unknown. (grant) firefighters are making headway on the "thomas fire" burning in southern california. the fire has burned over 234-thousand acres and is 20-percent contained in ventura and santa barbara counties. it is now the fifth largest wildfire in modern california history. the flames have destroyed homes and forced the evacuation of nearly a hundred thousand people. (grant) winds of 20 to 40 miles per hour are expected through mid-week. that's an improvement over the powerful wind gusts that fanned the flames in previous

in fear city, new york new university's kim phillips spine call the fiscal collapse of new york cityn 1975 and how the cities brush with bankruptcy we shake ideas about government and wrapping up our look at publishers weekly books of 2017 is the color of law, richard rothstein's report on how local, state and federal legislation isresponsible for america's segregated cities . >> today, those homes sell for 300, $400,000. african-american families were prohibited from moving into those homes and frankly apartments in the city did not gain 200, $300,000 in equity over the next two generations. whitefamilies gained equity from , and today those homes are unaffordable for working-class people. $100,000 in 1940 in our terms to 1947 was twice the national median income. working-class families could afford to buy homes with an fha mortgage so today those homes sell for seven times the national income. working-class families, middle-class families can't afford to move to these suburbs that were created as segregated enclaves in the 1940s and 50s so nationwide when you have a ratio in income