Results 1 to 20 of 20
  1. #1
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    Clayton appears to have engaged in reverse redlining, seeking out minorities and charging them higher rates, according to a review of company do ents, interviews, and an analysis of federal loan data. “Absolutely classic reverse redlining,” attorney John Relman called it.
    http://www.buzzfeed.com/danielwagner...-mo#.vm1KbrMXl

  2. #2
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    ok, what if I said Warren Buffett made Clayton Homes into a giant and profits every step of the way?

    Berkshire Hathaway quickly bought up failed compe ors’ stores, factories and billions in troubled loans, building Clayton Homes into the industry’s dominant force. In 2013, Clayton provided 39 percent of new mobile-home loans, according to a Center for Public Integrity/Times analysis of federal data that 7,000 home lenders are required to submit. The next biggest lender was Wells Fargo, with just 6 percent of the loans.
    https://www.publicintegrity.org/2015...ire-preys-poor

  3. #3
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    for conventional home loans, looks much the same:

    https://www.revealnews.org/article/w...white-clients/

  4. #4
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    Newsweek undercover investigation finds disparate service and pervasive steering on Long Island:

    https://projects.newsday.com/long-is...investigation/

  5. #5
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    The US racial caste system is enforced by controlling access to capital, property and perquisites.

    https://www.nytimes.com/2019/12/11/b...ng-racism.html

  6. #6
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Mar 2009
    Post Count
    90,785
    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

  7. #7
    Frumious Bandersnatch RandomGuy's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    46,136
    The US racial caste system is enforced by controlling access to capital, property and perquisites.

    https://www.nytimes.com/2019/12/11/b...ng-racism.html
    reinforced by a tax system bought and paid for by the oligarchy.

    boutons is more correct about this than I think a lot would admit.

  8. #8
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    Newsweek undercover investigation finds disparate service and pervasive steering on Long Island:

    https://projects.newsday.com/long-is...investigation/
    Bloomberg: racism and real estate appraisers are screwing AA homeowners all over the country.

    A 2020 study from the University of Chicago brings unprecedented scope to the question, covering 2,600 U.S. counties. It found that more than 9 out of every 10 reflected the same pattern of unfairness. “It’s a textbook example of ins utional racism,” says Christopher Berry, a professor at the university’s Harris School of Public Policy who led the research effort.
    https://www.bloomberg.com/news/featu...ealth-building

  9. #9
    Frumious Bandersnatch RandomGuy's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    46,136
    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
    Eyup.

  10. #10
    Frumious Bandersnatch RandomGuy's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    46,136
    Bloomberg: racism and real estate appraisers are screwing AA homeowners all over the country.



    https://www.bloomberg.com/news/featu...ealth-building
    RACISM ISN"T DEAD?


    but I was told just a couple of days ago by the group of conservatives I game with that it was.

  11. #11

  12. #12
    Got Woke? DMC's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2010
    Post Count
    83,116
    link goes nowhere. I guess that was removed also.

    "black identifier"

  13. #13
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    link goes nowhere. I guess that was removed also.

    "black identifier"
    enjoy!

    https://fox59.com/news/indianapolis-...isal-increase/

  14. #14
    絶対領域が大好きなんだよ baseline bum's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Mar 2003
    Post Count
    83,581
    , I gotta put some stuff that makes me appear black at my house if it can drop my appraisals and property tax. Maybe a bench press and an El Camino on blocks in the front yard?

  15. #15
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    , I gotta put some stuff that makes me appear black at my house if it can drop my appraisals and property tax. Maybe a bench press and an El Camino on blocks in the front yard?
    Not if you want to sell it.

  16. #16
    Got Woke? DMC's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2010
    Post Count
    83,116
    "I had my parents' home reappraised without all the black identifiers and it appraised at over 100K more!"

    "Were they not getting qualified for a loan or selling?"

    "No they were qualified, but still"

    Great, now your parents have 100K extra to pay taxes on lol...good going.

    I'm with Bum here. Appraise mines.

  17. #17
    Got Woke? DMC's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2010
    Post Count
    83,116
    Not if you want to sell it.
    So you want to price most black people out of their own neighborhoods, is that what you're saying?

  18. #18
    Got Woke? DMC's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jul 2010
    Post Count
    83,116
    , I gotta put some stuff that makes me appear black at my house if it can drop my appraisals and property tax. Maybe a bench press and an El Camino on blocks in the front yard?
    Nah that's mexican

    You need a bicycle rim without spokes nailed to the house and bars on the windows.

  19. #19
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    So you want to price most black people out of their own neighborhoods, is that what you're saying?
    Some people consider real estate an engine of personal and intergenerational wealth. Under-appraising property because of the skin tint of the owner undercuts that.

    (Shrugs)

  20. #20
    dangerous floater Winehole23's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Nov 2008
    Post Count
    70,418
    DMC: unfamiliar with how people build wealth

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •