Whitey Ford
12-03-2018, 12:32 AM
How white racism destroys black wealth (https://www.washingtonpost.com/business/2018/11/28/how-white-racism-destroys-black-wealth/?utm_term=.881dbfb9c4e9)
There are a lot of reasons that home prices tend to be lower in black neighborhoods than in white ones. Decades of racist policies put in place by governments and private companies — segregation, redlining, deed restrictions, exclusionary zoning, the deliberate hollowing out of urban cores — have had the net effect of eroding the quality of life in many majority-black neighborhoods nationwide.
Homes in nigger neighborhoods are cheaper because of nigger crime.
“Black homeowners realize lower wealth accumulation, which makes it more difficult to start and invest in businesses and afford college tuition,” the authors write. “By controlling for commonly held causes of price differences including education, lower home quality, and crime, this paper suggests that bias is likely to be a large part of the unexplained devaluation of black neighborhoods.”
There are a lot of reasons that home prices tend to be lower in black neighborhoods than in white ones. Decades of racist policies put in place by governments and private companies — segregation, redlining, deed restrictions, exclusionary zoning, the deliberate hollowing out of urban cores — have had the net effect of eroding the quality of life in many majority-black neighborhoods nationwide.
Homes in nigger neighborhoods are cheaper because of nigger crime.
“Black homeowners realize lower wealth accumulation, which makes it more difficult to start and invest in businesses and afford college tuition,” the authors write. “By controlling for commonly held causes of price differences including education, lower home quality, and crime, this paper suggests that bias is likely to be a large part of the unexplained devaluation of black neighborhoods.”