Rigby5
Diamond Member
Blacks don't have to submit to it.
The poor get no say.
The wealthy can outbid and take over neighborhoods, and frequently do.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Blacks don't have to submit to it.
Except what happened in 2008 was that WHITE people were buying McMansions that were overvalued, not poor people in bungalows in the inner cities.
This sounds like it would cause another Democrat real estate bubble like the one that caused the Great Recession.
Haven't the Greedy Corrupt Democrats abused the middle class enough already?
How are blacks’ homes undervalued?
The homes of the blacks who live in my neighborhood are selling for the same price as the ones owned by whites. No appraiser is undervaluing them because of the skin color of the owner.
Nope. The ruling elite hate the middle class so are out to destroy us.
Perhaps if blacks had more capital available to them (through black owned, or black favored banks) they would get their mortgages approved.Because if the appraisal comes out unrealistically low, the Blacks won't get their mortgage.
And landlords are outbidding poor people, due to tax breaks only landlords get.
So we are getting less and less owner occupied, and more rentals.
And owner occupied always have less crime, better resale, etc.
Thank you for giving me my first chuckle of the day.It will also seek to diversify the appraiser/assessor profession, which is currently 97% White -- making it among the least diverse in the country -- by removing "unnecessary educational and experience requirements" and requiring anti-bias, fair housing and fair lending training of current appraisers.
Your racism is showing again.But that is not a solution, and instead is a whole new problem, that likely is even worse.
Instead of wasting time on all the racial bullshit, the administration should be doing something to stop the invasion of our country by illegal aliens.if Kamala Harris takes over when Biden can no longer read from the teleprompter, this is the type of thing we can expect to explode. She already has said she wants to hand out $25,000 (of taxpayer money) to low-income families for a down payment because it will close the “equity” gap between blacks and whites.
We are in the midst of rampant anti-white racism, in which whites are viewed as inferior and deserving of inferior treatment. Just recently, a Democrat school board said that in the event of layoffs, whiteys will be fired before blacks regardless of seniority.
I can’t begin to tell you how fed up I am with the degree to which the America-hating leftists are destroying this country by rewarding irresponsible and lazy behavior (and scolding motivated, intelligent, hard-working people), and then screeching “raaaaacist” or “hater!!” to anyone who objects.Instead of wasting time on all the racial bullshit, the administration should be doing something to stop the invasion of our country by illegal aliens.
After all this crap is put in place: lowering all entry requirements for college, lowering experience and training requirements for black job applicants, all the Affirmative Action baloney in all areas of our lives, and now the ridiculous income guarantees the idiot Kamala wants to put in place, it is pretty much assured that black people will NEVER learn to stand on their own two feet.
Why should they, when everything is being handed to them on a silver platter. Every other ethnic group WORKS for every single improvement in their lives. Even immigrants who come here with just the clothes on their backs. And who can barely speak English.
It's time for all the handouts to end. Time for everyone to earn his own keep. Blacks included. Quit whining, start working.
Why not? Simply because you are jealous of us?land lords should not get as many tax breaks as they do.
if Kamala Harris takes over when Biden can no longer read from the teleprompter, this is the type of thing we can expect to explode. She already has said she wants to hand out $25,000 (of taxpayer money) to low-income families for a down payment because it will close the “equity” gap between blacks and whites.
We are in the midst of rampant anti-white racism, in which whites are viewed as inferior and deserving of inferior treatment. Just recently, a Democrat school board said that in the event of layoffs, whiteys will be fired before blacks regardless of seniority.
So, this doesn't make sense to some degree. I'm not sure the percentage, but i would guess that most homes sold today utilize the mechanism of a licensed Realtor. A good realtor will understand their market and value of the homes they are selling. The realtor is the one who advises, using professional experience and the current market to advise the homeowner of what to sell at (even though the homeowner is really under no obligation to sell at the advised price)."Because their homes are undervalued, Black and Latino people often have to pay more for their mortgage, receive less when they sell the home and are less able to access home equity lines of credit," Harris said. "Systemic bias in home evaluations widens the racial wealth gap and deepens the longstanding financial inequities that divide our communities."
Under the plan the administration will commit federal agencies to enhance oversight of the appraisal industry and improve coordination and collaboration with federal enforcement agencies "to better identify and redress discrimination in appraisals."
It will also seek to diversify the appraiser/assessor profession, which is currently 97% White -- making it among the least diverse in the country -- by removing "unnecessary educational and experience requirements" and requiring anti-bias, fair housing and fair lending training of current appraisers.
White House releases plan to combat racial discrimination in housing appraisals
LOL....Raise home values in the bad part of town through bogus appraisals, sell them on HELOCs, homes go into foreclosure, Black Rock rents them back......Sounds like one hell of a plan and just like the rest....Follow the money.
Oh wait, who does Black Rock donate mostly to again, that's right, mostly to dems.
BlackRock Inc Profile: Recipients