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African American
Related: About this forumDo you know of anti-racist Realtors or Realtor groups or brokers?
I just read this 2015 Slate piece on the subject. No surprise but it's still good to see it down in writing. I'd like to connect with Realtors who consciously work to combat this deeply rooted racism.
http://www.slate.com/articles/news_and_politics/politics/2015/05/racism_in_real_estate_landlords_redlining_housing_values_and_discrimination.html
Americans express egalitarian beliefs on race. But while unused and largely forgotten, Hoyts hierarchy retains its symbolic force in housing markets, albeit in diminished and simplified form. Indeed, real-estate racism helps illustrate the extent to which culture is built by institutions and individuals, in interactions that reflect on each other. These institutions, private and public, didnt cause racism in housing markets, but they gave it official sanction, whichover timeinfluenced how individuals understood the value of their homes and neighborhoods. A white neighborhood was a good one; a black neighborhood, a bad one.
We see this in public opinion. Twenty-eight percent of whites support an individual homeowners right to discriminate on the basis of race when selling a home, note researchers in their analysis of the General Social Survey, a long-running study that measures Americans attitudes on a wide range of topics. Likewise, when asked in 2008, 20 percent of whites said their ideal neighborhood was all white, 25 percent said it had no blacks, and 33 percent said it had neither Hispanics nor Asians. And only 25 percent of white respondents said they would live in a neighborhood where one-half of their neighbors were black.
We see it in the actions of landlords and real-estate agents. Compared to whites, according to a 2013 study from the Urban Institute and Department of Housing and Urban Development, black renters learned about 11 percent fewer rental units and black homebuyers were shown roughly 20 percent fewer homes; Asian renters learned about 7 percent fewer properties, while Asian homebuyers also learned about 20 percent fewer homes; and Latino renters learned about 12 percent fewer units. (There was no difference in the treatment of Latino homebuyers.) As NPR points out in its analysis, this wasnt a regional problem: Researchers ran their experiment in 28 different metropolitan regions, with similar results.
Finally, we see it in the financial penalty that accrues to middle-class blacks who live in predominantly black, middle-class neighborhoods. Heres how the Washington Post describes the phenomenon, writing about the largely black Prince Georges County, Maryland. Most whites live in largely white neighborhoods, where homes often prove to be a better investment because people of all races want to live there. Predominantly black communities tend to attract a narrower group of mainly black buyers, dampening demand and prices, they say. For wealthy blacks who bought into Prince Georges County for the comfort they felt in a mostly black community, that meant their home brought them less wealth than if they had purchased elsewhere.
We see this in public opinion. Twenty-eight percent of whites support an individual homeowners right to discriminate on the basis of race when selling a home, note researchers in their analysis of the General Social Survey, a long-running study that measures Americans attitudes on a wide range of topics. Likewise, when asked in 2008, 20 percent of whites said their ideal neighborhood was all white, 25 percent said it had no blacks, and 33 percent said it had neither Hispanics nor Asians. And only 25 percent of white respondents said they would live in a neighborhood where one-half of their neighbors were black.
We see it in the actions of landlords and real-estate agents. Compared to whites, according to a 2013 study from the Urban Institute and Department of Housing and Urban Development, black renters learned about 11 percent fewer rental units and black homebuyers were shown roughly 20 percent fewer homes; Asian renters learned about 7 percent fewer properties, while Asian homebuyers also learned about 20 percent fewer homes; and Latino renters learned about 12 percent fewer units. (There was no difference in the treatment of Latino homebuyers.) As NPR points out in its analysis, this wasnt a regional problem: Researchers ran their experiment in 28 different metropolitan regions, with similar results.
Finally, we see it in the financial penalty that accrues to middle-class blacks who live in predominantly black, middle-class neighborhoods. Heres how the Washington Post describes the phenomenon, writing about the largely black Prince Georges County, Maryland. Most whites live in largely white neighborhoods, where homes often prove to be a better investment because people of all races want to live there. Predominantly black communities tend to attract a narrower group of mainly black buyers, dampening demand and prices, they say. For wealthy blacks who bought into Prince Georges County for the comfort they felt in a mostly black community, that meant their home brought them less wealth than if they had purchased elsewhere.
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Do you know of anti-racist Realtors or Realtor groups or brokers? (Original Post)
OneGrassRoot
Mar 2016
OP
JustAnotherGen
(31,818 posts)1. I will reach out to ours
He saw the same thing with the realtor we fired that we did. He also connected us with a reputable mortgage provider who he felt would give us a fair shake. He was concerned about the interest rates Chase and USAA were offering us when we had enough money on the table to purchase our house outright.
OneGrassRoot
(22,920 posts)2. Thanks so much...
JI7
(89,248 posts)3. Asian numbers are similar to black
Shows how much many white people only want to be around their own and as a result are less likely to learn about others and form their views based on media which usually focuses on the worst.