Originally posted by @Jay Hinrichs:
Originally posted by @Shawn M.:
Originally posted by @Jay Hinrichs:
Originally posted by @Shawn M.:
Seeing as racial disparity in housing is an epidemic in our country, unlike most first world countries, we need to tackle the source of the issue. Trump just rescinded the AFFH rule, so to fix the problem, vote out the people that do this. As this bias is objective, we have hundreds of sources of data of this being an actual epidemic, the only way to fix this is to vote out of office the elected officials who make redlining legal. It is already an under-the-table issue, so making it legal would most likely not fix the problem.
There is no political answer to objective facts. This is the way to fix it. Register, and vote!!
I think if you read this Ben Carson is the one who said its not workable too MUCH red tape.. as one who tried to build a low income apartment complex I can tell you it was so bogged down in Fed and state BS its just not worth it.. If you expect the politicians to do it.. then they need to be the developers not force it one private sector.. and especially a place like Detroit that has thousands of vacant parcels that can be turned into housing.. PS was pretty darn proud to read about the Police Chief and the People of Detroit that did not let Rioters posing as protesters run rampant and destroy their city and small business owners lives work. Like what has happened in Portland.. Sad situation.
And how do the protesters get a pass on social distancing.. ??? until covid is under control these things should not be allowed.. just like we are not allowed to have more than 10 peeps in one place or sporting events or rock concerts.. But no for protesting throw all that was done for covid right out the window and while your at it destroy building after building.. OK off soap box..
This is, interesting. I didn’t expect such a strawman. Personally, I do not listen to Ben Carson. He is not an intellectual, and has no knowledge or experience in the position he has, it is purely political. Thus, everything he says will only be regarded as political dishonesty. Besides, whatever Ben Carson may say has no bearing on the existence of systemic racism in housing. I also don’t approve of the attitude these days with going for the lowest common denominator. Too many hoops to jump through? Maybe the work that the company that thinks this, isn't really up to par, many do just fine with the standards. I would appreciate more insight on this though, as there are never too many hoops to jump through to ensure every American can have equitable opportunities, otherwise you and I may not be in our spots today! But I will digress from the strawman, and wonder why you did not address the systemic racism in housing which was clearly the topic of the thread and my comment. I am also confused how you were able to determine that there were riots in Detroit, we are not seeing any here right now. What does this have to do with systemic racism in housing? Any issue with the first amendment rights of Americans is a different topic I would be happy to address another at time.
WEll i dont believe there is systemic racism in housing TODAY Yesterday of course I started in the business in the mid 70s and saw it first hand but not today .. I have been the largest HML in Jackson MS for 15 plus years and owned over 300 homes there with 97% black tenants and many many Black borrowers who then rent to black tenants :) .. There are so many programs for those that need help.. they just have to be motivated to get it .. and smart enough to say go through a NACA class.. !!! Also did a lot of work in Detroit.. had my share of houses destroyed by tenants and those roaming the neigborhoods.. why does that happen ?
Ah, and that's where we may always disagree. YOU don't believe it, but the best part about objective reality, about sociologists and historians proving such, is that you don't have to believe it to be true. I have a few books you can read about this topic.
About me, I don't have beliefs. There is either truths or lies. Things either exist or do not. If I am speaking about it, it is most likely not from anecdotal evidence and rather it is from scientific research. Just because you do not see it and I have not been able to show you how it does exist, doesn't mean it does not exist. This isn't a logical way of thinking. We all have different experiences, and I cannot negate your experiences either just because I have not experienced them myself.
Regardless, you don't have to believe in it to postulate on how to fix it. Since it exists, and it was implemented politically, the only way to change it is politically. I am not sure how you believe that it cannot be fixed this way, since there are plenty of current congressmen/women working right now on fixing this issue. I am sure we can agree on the fact that institutionalized oppression brought about by legislation will only be fixed by legislation.
Since you have ran into this issue, other than the aforementioned AFFH rule that was just rescinded, could you point me to some reference materials that show the process and all the red tape that is supposedly involved?
I also thought of something else, if you believed that systemic racism has been an issue in this country and is not anymore, what was the solution? It may possible be better than mine, since it seems to have convinced you of such!
Let's all ignore the dog-whistle in that last paragraph. We as investors and members of the community are better than that.
