A Black couple put in $400k in home renovations, but their home appraisal barely budged.

When a white friend posed as the homeowner for a new appraisal, the home appraisal went up by $500k!

This is outrageous but unsurprising. Let me explain. /1/

Home ownership is *the* single biggest wealth generator for most families. It builds your retirement nest eggs, allows a family to pass on generational wealth, and you can borrow against a home to pay for big expenses, e.g., children’s college education. /2/
Yet, home ownership is out of reach for many Black people for many reasons. First, discrimination in lending makes it difficult for Black borrowers to obtain a mortgage. Black borrowers are denied mortgages at DOUBLE the rate as white borrowers. /3/ https://t.co/3ybvwGTiXH
Second, less generational wealth for Black borrowers means they don’t get help from parents and grandparents who can you pay the outrageous down payment that most borrowers need to secure a mortgage. /4/
Finally, Black borrowers on average owe about DOUBLE the amount in student loan debt than white borrowers, and owe more than when they started college(!), which means the dream of home ownership is delayed if not denied. /5/ https://t.co/VDVA3ALIlx
What are the solutions to fix this huge problem. Black and Brown people are woefully underrepresented in consumer financial and housing regulatory bodies that are responsible for policing these industries. /6/
We need Black/Brown people in positions of power in these industries in order to bring their unique experience to bear. And cancel student loan debt which would begin to close to racial wealth gap and spur the economy to allow Black borrowers the ability to buy a home. /7/
And we need to focus more attention on systemic inequalities in our banking and lending systems (e.g., discrimination in lending, aka redlining). /8/
Finally, it is worth noting that a fairer system benefits all of us. More home ownership means more people investing in their neighborhood and spur the economy. We need to tackle discrimination in home ownership NOW. /end/

More from Society

global health policy in 2020 has centered around NPI's (non-pharmaceutical interventions) like distancing, masks, school closures

these have been sold as a way to stop infection as though this were science.

this was never true and that fact was known and knowable.

let's look.


above is the plot of social restriction and NPI vs total death per million. there is 0 R2. this means that the variables play no role in explaining one another.

we can see this same relationship between NPI and all cause deaths.

this is devastating to the case for NPI.


clearly, correlation is not proof of causality, but a total lack of correlation IS proof that there was no material causality.

barring massive and implausible coincidence, it's essentially impossible to cause something and not correlate to it, especially 51 times.

this would seem to pose some very serious questions for those claiming that lockdowns work, those basing policy upon them, and those claiming this is the side of science.

there is no science here nor any data. this is the febrile imaginings of discredited modelers.

this has been clear and obvious from all over the world since the beginning and had been proven so clearly by may that it's hard to imagine anyone who is actually conversant with the data still believing in these responses.

everyone got the same R

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दधीचि ऋषि को मनाही थी कि वह अश्विनी कुमारों को किसी भी अवस्था में ब्रह्मविद्या का उपदेश नहीं दें। ये आदेश देवराज इन्द्र का था।वह नहीं चाहते थे कि उनके सिंहासन को प्रत्यक्ष या परोक्ष रुप से कोई भी खतरा हो।मगर जब अश्विनी कुमारों ने सहृदय प्रार्थना की तो महर्षि सहर्ष मान गए।


और उन्होनें ब्रह्मविद्या का ज्ञान अश्विनि कुमारों को दे दिया। गुप्तचरों के माध्यम से जब खबर इन्द्रदेव तक पहुंची तो वे क्रोध में खड़ग ले कर गए और महर्षि दधीचि का सर धड़ से अलग कर दिया।मगर अश्विनी कुमार भी कहां चुप बैठने वाले थे।उन्होने तुरंत एक अश्व का सिर महर्षि के धड़ पे...


...प्रत्यारोपित कर उन्हें जीवित रख लिया।उस दिन के पश्चात महर्षि दधीचि अश्वशिरा भी कहलाए जाने लगे।अब आगे सुनिये की किस प्रकार महर्षि दधीचि का सर काटने वाले इन्द्र कैसे अपनी रक्षा हेतु उनके आगे गिड़गिड़ाए ।

एक बार देवराज इन्द्र अपनी सभा में बैठे थे, तो उन्हे खुद पर अभिमान हो आया।


वे सोचने लगे कि हम तीनों लोकों के स्वामी हैं। ब्राह्मण हमें यज्ञ में आहुति देते हैं और हमारी उपासना करते हैं। फिर हम सामान्य ब्राह्मण बृहस्पति से क्यों डरते हैं ?उनके आने पर क्यों खड़े हो जाते हैं?वे तो हमारी जीविका से पलते हैं। देवर्षि बृहस्पति देवताओं के गुरु थे।

अभिमान के कारण ऋषि बृहस्पति के पधारने पर न तो इन्द्र ही खड़े हुए और न ही अन्य देवों को खड़े होने दिया।देवगुरु बृहस्पति इन्द्र का ये कठोर दुर्व्यवहार देख कर चुप चाप वहां से लौट गए।कुछ देर पश्चात जब देवराज का मद उतरा तो उन्हे अपनी गलती का एहसास हुआ।