Re:How housing became the world’s biggest asset class
by soylentcola on Friday January 24, 2020 @12:26PM
(#22140392)
> Equality and "social justice": the history of how people of color have been frozen out of the housing 'ladder' in the US is not as well known as more blatant and vicious examples of racism, but it is a huge reason why certain disparities have persisted.
In my city (and several others) you can overlay a current map of "above/below poverty line" on top of a 1930's map rating neighborhoods by "risk".
Those rated low quality/high risk due to "threat of infiltration of foreign-born, negro, or lower grade population" in the 1930s line right up with the largest swaths of below-poverty-line neighborhoods today.
In my city (and several others) you can overlay a current map of "above/below poverty line" on top of a 1930's map rating neighborhoods by "risk".
Those rated low quality/high risk due to "threat of infiltration of foreign-born, negro, or lower grade population" in the 1930s line right up with the largest swaths of below-poverty-line neighborhoods today.
https://www.citylab.com/equity/2015/04/after-nearly-a-centur...