Clayton Homes: Reverse redlining

[SpursforSix]

Same discrimination in medical care: blacks get less aggressive treatment than whites

The old story was that black men were (genetically?) more susceptible to prostate cancer mortality than whites, until a study showed they died at a higher rate due to treatment less aggressive than for whites. Same for black women

I'm like 80% sure that black women don't have prostates.

[CosmicCowboy]

you're looking at it through a soda straw, plenty of evidence ITT from many sources, covering many places. you're just not willing to look at it.

"muh Chicago"

Appraisals are based on previous comparable sales. Why act surprised that a 2000 sq ft house on the deep West Side doesn't appraise as much as a 2000 sq ft house in Stone Oak.

[Winehole23]

Appraisals are based on previous comparable sales. Why act surprised that a 2000 sq ft house on the deep West Side doesn't appraise as much as a 2000 sq ft house in Stone Oak.

Not sure why you're speaking in the abstract when so much concrete detail and study is linked.

Did you read any of the articles linked in this thread?

If not, you're just spinning your wheels, CC.

[Winehole23]

Algos=GIGO

An investigation by The Markup has found that lenders in 2019 were more likely to deny home loans to people of color than to White people with similar financial characteristics—even when we controlled for newly available financial factors that the mortgage industry for years has said would explain racial disparities in lending.


Holding 17 different factors steady in a complex statistical analysis of more than two million conventional mortgage applications for home purchases, we found that lenders were 40 percent more likely to turn down Latino applicants for loans, 50 percent more likely to deny Asian/Pacific Islander applicants, and 70 percent more likely to deny Native American applicants than similar White applicants. Lenders were 80 percent more likely to reject Black applicants than similar White applicants. These are national rates.


In every case, the prospective borrowers of color looked almost exactly the same on paper as the White applicants, except for their race.

https://themarkup.org/denied/2021/08...val-algorithms

[Winehole23]

[Winehole23]

[Winehole23]

Pocket change, but underscores that redlining isn't a thing of the past.

[steak n eggs]

Meh, rich people doing rich people things. I'll be sure to picket outside of Dairy Queen tonight.

[ElNono]

Pocket change, but underscores that redlining isn't a thing of the past.

$20 million? lol

[boutons_deux]

Warren Buffett: Clayton Homes Does Not Discriminate |

https://www.youtube.com/watch?v=m9aT...b_channel=CNBC