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"You see yourself as a victim"


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2023 Jul 24, 5:47am   260 views  2 comments

by CBOEtrader   ➕follow (4)   💰tip   ignore  

https://www.youtube.com/watch?v=B1x452NEbVE

In this clip the race baiting clown claims that black home appraisals are racially biased resulting in lower home values. This is his big example of institutionalized racism against blacks.

This didnt make any sense to PDB or to myself. If a black owned home is selling for 25% less, wouldnt smart investors exclusively look for black owned homes to buy?

https://www.brookings.edu/articles/how-racial-bias-in-appraisals-affects-the-devaluation-of-homes-in-majority-black-neighborhoods/

When i looked up the news articles about this phenomenon, we get a different story. Its not about specific black owned homes, the difference is in the neighborhood. The devil is in the details. A researcher can say two homes are equal, but location is everything for real estate and these racially biased "stats" are fake news, imho.

Am i missing something?

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1   1337irr   2023 Jul 24, 6:07am  

I don't think you are missing anything. Your observation is consistent with normal real estate and crime data based on my own personal experience. I haven't read the article in depth and I'm not incline to.
2   HeadSet   2023 Jul 24, 8:25am  

CBOEtrader says


If a black owned home is selling for 25% less, wouldnt smart investors exclusively look for black owned homes to buy?

Absolutely. And around here, you know how to spot the Black owned houses in the middle-class suburban neighborhoods? They have the best lawns, by far.

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