1/28/19 Vantage Point Radio with Dr. Ron Daniels — Topics: The Disgraceful New York Department of Housing Preservation and Development, MTA off the Rail, Is America Ready for Socialism?, Is America Ready for Reparations and Talk Back with the Audience
In the US, where homeownership speaks to class, African Americans are being denied mortgages at rates much higher than their white peers By Keeanga-Yamahtta Taylor, The Guardian — As a new year begins and the 2020 presidential election looms closer, our political focus will start to narrow around the issues thought to be most urgent and likely to mobilize voters. One issue surely to be glossed over, if not completely…
By Jennifer Larino, The Times Picayune — What can we do to break New Orleans and its neighborhoods free from a long history of racist housing policies? That’s the question posed…
By David J. Harris, Houston Institute Executive Director — Several weeks ago the Boston Globe published an opinion piece by editorial and staff writer David Scharfenberg in which he called for an “honest” commitment to racial integration. He dismissed the “gauzy 1963 version” of integration, insisted that “harping too much” on its virtues “can feel paternalistic,” and lamented the “disastrous busing experiment of the 1970s” which proved that “forced integration…simply doesn’t work.” Even so,…
By Teddy Grant, Ebony — Black Americans’ homes are routinely undervalued in the real estate market, according to a report by Brookings Institution and Gallup that was released Tuesday. In the report “The devaluation of assets in Black neighborhoods: The case of residential property,” homes in neighborhoods with a Black majority that are owner-occupied are appraised for lower prices, averaging $48,000 per home, writes Curbed. Such low appraisal prices translate…
A new Brookings/Gallup report finds residential property in majority-black neighborhoods is consistently undervalued. By Patrick Sisson, Curbed — Black Americans, long accustomed to facing more hurdles on the road to homeownership, may consistently find their investments in residential property undervalued, according to a new joint Brookings Institution and Gallup study. According to “The devaluation of assets in black neighborhoods: The case of residential property,” owner-occupied homes are undervalued by the real estate market across…
Displacing Black People and Culture, Gentrification: The New “Negro Removal” Program A Call for an Emergency Summit. Vantage Point by Dr. Ron Daniels — Gentrification has emerged as a major threat to Black communities that have been centers for Black business/economic development, cultural and civic life for generations. Gentrification has become the watch-word for the displacement of Black people and culture. Gentrification is the “Negro Removal Program” of the…
By Thelá Thatch, Black Enterprise — Gentrification involves the transformation of under-invested, predominately poor communities from low value to high value. During this transformation, long-time residents and businesses are displaced; unable to afford higher rents, mortgages, and property taxes. For some, gentrification is a process of renovating deteriorated urban neighborhoods through the influx of more affluent residents. To others, gentrification magnifies the racial divide as it shifts a neighborhood’s racial…
California president under fire for opposing pro-tenant measure yet working as a paid consultant for real-estate backed campaign. By Sam Levin, The Guardian — The California leader of a major US civil rights group is facing backlash for fighting a rent control measure while working as a paid consultant for an opposition campaign funded by real estate companies. The National Association for the Advancement of Colored People (NAACP) in California is opposing…
Why white Americans have such a hard time picturing a middle-class black neighborhood. By Henry Grabar, Slate — In John Sayles’ 1984 movie The Brother From Another Planet, a card shark is riding a northbound A train that is about to make the 66-block jump from Midtown to Harlem. “I have another magic trick for you,” he says. “Wanna see me make all the white people disappear?” The conductor announces the train…
By Adam Hudson, Truthout — It’s no secret that, as the saying goes, “The rent is too damn high.”Across the nation, housing is becoming increasingly expensive for many Americans. But the story of the present-day housing crisis is not just a story of rising rents; it’s also a story of systemic racism. Today’s rising housing prices exacerbate the racial wealth gap in the US by making it more difficult for Black…
By Sarah Cwiek, Michigan Radio — One Detroit family celebrated getting a new home Thursday, as they also called for other families like them to receive similar compensation as victims of what they call “illegal” foreclosures. The Bonnett family lost their home to property tax foreclosure in 2015. Nearly one in four Detroit properties was tax-foreclosed between 2011 and 2015. Some researchers, led by Illinois Institute of Technology and visiting…
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