What Walter Mosley’s Fictional Hero Teaches Us About Race and Real Estate

Published On Dec 7, 2024, 5:00 AM

The article discusses Walter Mosley's character Easy Rawlins, who is a Black WWII veteran that becomes a successful real estate investor. Throughout the series, Easy's financial stability comes from his rental properties, which allow him to avoid wage labor and take on dangerous investigative work only when necessary. The character's journey highlights the benefits of real estate investment, with Easy earning around $26,000 a year in 1970, equivalent to $217,000 today, showcasing the potential profitability of real estate as a side hustle.

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Real estate investment continues to be a lucrative opportunity, particularly as inflation affects traditional wage-based roles. The popularity of rental properties for generating passive income suggests a growing market that could be favorable for investments in real estate-focused REITs or funds.

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