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May I enquire into what your knowledge is of Prince George County Maryland?
Hundreds of years of family history and decades of my own in the state of Maryland. Continually bothered to watch reasonable comments talked over simply because white men feel they are the True Arbiters (Tm) of what is and is not racist.
Even though woodmore has 33% of blacks that make over 250,000 a year ,home values are just on average, 400,000 ...proves blacks lower home values, despite class, shows racism is baked in the system, and proves blacks can not live in black communities and build wealth, whites buy homes to build wealth, blacks buy homes to live with blacks of similar backgrounds because racism of government policies created this even if laws change
1. Home values are not technically a "wealth builder" except in rapidly inflating regions, and these are statistically rare. Even in the suburbs of most major metros, home values about keep up with inflation. And if you do the math to include all expenses vs renting over thirty years, homes act more like a forced savings account. So, you come out with money that you otherwise wouldn't have saved, but if one had the discipline they could have. If that's a "wealth builder", then so be it. But its based mostly off of paying off the principle, like depositing money in a bank or buying certificates of deposit over thirty years to keep up with inflation, and it can't be said that renters could not accomplish the same with discipline.
2. 400,000k value is a lot on the national level. Most White people won't afford a 400k house and there are plenty of White people in the region who can't. So, where again is the "wealth building" that Blacks are being deprived of when they are sitting in a house worth $400k?
What's the next argument 20 years from now: that their million dollar houses are depriving them of "wealth building"?
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This cannot be blamed on bad schools because there are plenty of rich white communities surrounded by bad school districts, but that doesn't effect home values
3. Housing values are about bidding. The more that is bid for property in an area, the more it is said to be worth. There is literally nothing else to it then that. These "values" for the same stick and siding are all on paper, and have solely to do with demand.
Let me ask you a question: do Blacks largely seek to bid for price-equivalent houses in Black neighborhoods or White neighborhoods when given the opportunity?
Until the answer is universally "in Black neighborhoods" then you cannot credibly cite racism. Because Blacks, themselves, are choosing to bid up the property in White neighborhoods rather than bid up the property in Black neighborhoods.
Neither White people, nor Asians, nor Jews, nor literally anyone else are going to bid up property in Black neighborhoods. For a variety of reasons. And when we do you call it "gentrification" and also attack that.
Its almost like you want White bidding to inflate the property values, but the Whites not not actually move in. There are few examples of greater cognitive dissonance / poorly thought out argument in this unfortunate continuing game of national racial "negotiation".
People largely bid up property in their own neighborhoods, when they aren't being attacked for doing so in other neighborhoods, and so Black people must also do so in their own. Why won't they?
That's how this works. As long as Blacks with higher salaries seek to move out of Black neighborhoods, there can be no credible complaint that Black property values are stagnant: when Blacks do not almost universally choose themselves.
If Blacks start bidding up property in the neighborhood in question, prices will rise. Those Black families will / do have children who should, by all reason and through the same paths, move onto having similar or greater incomes than their parents. Thereby increasing the higher income Black population of the neighborhood over time and thus demand for property. Thereby boosting prices above the rate of inflation.
This is a key mechanism of White housing value improvement throughout the nation.
The question is whether those children are going to stay in the Black neighborhood or chase other neighborhoods, thereby depriving the Black neighborhood of housing value.
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This cannot be blamed on crime because wood more doesn't have a lot of crime, Buckhead Atlanta has even more crime, but their home values are fine
My middle income neighborhood was very low crime. Blacks have been slowly moving in for twenty years even though there are plenty of houses on the market in the vast expanse of adjacent neighborhoods (one in which I was born) that were prior White neighborhoods but are now all Black. My neighborhood is, at present, still a White majority with nicer kept houses most people in it going to work every day. But bullet proof glass just went up at the convenience store due to armed robberies. That little detail, alone, will lead to stagant property values and people exiting the neighborhood (lowering property values).
Black crime is a factor both in terms of higher income Blacks choosing instead to bid up White neighborhood housing values, over Black neighborhoods, as well as why Black neighborhood housing value dips when people exit.
The lower housing values make it easier for worse elements to move in, therefore again spinning the declining housing value mechanism. In the end, this has to do with whether or not your general group, for which you are advocating, is on a cultural improvement or degenerate trend. In the end, that will dictate who with money wants to live where, will bid for it, and therefore housing values. Everyone knows it. Everything else is PC nonsense.
And we are blocked off from higher income White neighborhoods by a variety of urban and natural features as well. Moreover, in my city, Whites used to occupy the fully functioning neighborhoods that are supposedly "blocked off" by now "racist" features like railroad tracks, trees, highways, hills, etc. And there are still enclaves of Whites in those neighborhoods, with pristine low crime streets (by their choice) that are the envy of the city.
The reality is that you are responsible for both your neighborhoods and housing values. Any other rhetoric in 2020 is political rent seeking, welfare seeking, or some other divisive, self-interested tactic that this nation needs like it needs cancer.
The opportunity is there like it has never been before and may never be again, for everyone. My advice is to spend all of your time pursuing it instead of trying to shake some more so called "equality" (used as a political rent seeking term in 2020) out of a tree that is looking less healthy by the year and may not survive if it is shaken too much harder.
1. Home values are not technically a "wealth builder" except in rapidly inflating regions, and these are statistically rare. Even in the suburbs of most major metros, home values about keep up with inflation. And if you do the math to include all expenses vs renting over thirty years, homes act more like a forced savings account. So, you come out with money that you otherwise wouldn't have saved, but if one had the discipline they could have. If that's a "wealth builder", then so be it. But its based mostly off of paying off the principle, like depositing money in a bank or buying certificates of deposit over thirty years to keep up with inflation, and it can't be said that renters could not accomplish the same with discipline.
2. 400,000k value is a lot on the national level. Most White people won't afford a 400k house and there are plenty of White people in the region who can't. So, where again is the "wealth building" that Blacks are being deprived of when they are sitting in a house worth $400k?
What's the next argument 20 years from now: that their million dollar houses are depriving them of "wealth building"?
3. Housing values are about bidding. The more that is bid for property in an area, the more it is said to be worth. There is literally nothing else to it then that. These "values" for the same stick and siding are all on paper, and have solely to do with demand.
Let me ask you a question: do Blacks largely seek to bid for price-equivalent houses in Black neighborhoods or White neighborhoods when given the opportunity?
Until the answer is universally "in Black neighborhoods" then you cannot credibly cite racism. Because Blacks, themselves, are choosing to bid up the property in White neighborhoods rather than bid up the property in Black neighborhoods.
Neither White people, nor Asians, nor Jews, nor literally anyone else are going to bid up property in Black neighborhoods. For a variety of reasons. And when we do you call it "gentrification" and also attack that.
Its almost like you want White bidding to inflate the property values, but the Whites not not actually move in. There are few examples of greater cognitive dissonance / poorly thought out argument in this unfortunate continuing game of national racial "negotiation".
People largely bid up property in their own neighborhoods, when they aren't being attacked for doing so in other neighborhoods, and so Black people must also do so in their own. Why won't they?
That's how this works. As long as Blacks with higher salaries seek to move out of Black neighborhoods, there can be no credible complaint that Black property values are stagnant: when Blacks do not almost universally choose themselves.
If Blacks start bidding up property in the neighborhood in question, prices will rise. Those Black families will / do have children who should, by all reason and through the same paths, move onto having similar or greater incomes than their parents. Thereby increasing the higher income Black population of the neighborhood over time and thus demand for property. Thereby boosting prices above the rate of inflation.
This is a key mechanism of White housing value improvement throughout the nation.
The question is whether those children are going to stay in the Black neighborhood or chase other neighborhoods, thereby depriving the Black neighborhood of housing value.
My middle income neighborhood was very low crime. Blacks have been slowly moving in for twenty years even though there are plenty of houses on the market in the vast expanse of adjacent neighborhoods (one in which I was born) that were prior White neighborhoods but are now all Black. My neighborhood is, at present, still a White majority with nicer kept houses most people in it going to work every day. But bullet proof glass just went up at the convenience store due to armed robberies. That little detail, alone, will lead to stagant property values and people exiting the neighborhood (lowering property values).
Black crime is a factor both in terms of higher income Blacks choosing instead to bid up White neighborhood housing values, over Black neighborhoods, as well as why Black neighborhood housing value dips when people exit.
The lower housing values make it easier for worse elements to move in, therefore again spinning the declining housing value mechanism. In the end, this has to do with whether or not your general group, for which you are advocating, is on a cultural improvement or degenerate trend. In the end, that will dictate who with money wants to live where, will bid for it, and therefore housing values. Everyone knows it. Everything else is PC nonsense.
And we are blocked off from higher income White neighborhoods by a variety of urban and natural features as well. Moreover, in my city, Whites used to occupy the fully functioning neighborhoods that are supposedly "blocked off" by now "racist" features like railroad tracks, trees, highways, hills, etc. And there are still enclaves of Whites in those neighborhoods, with pristine low crime streets (by their choice) that are the envy of the city.
The reality is that you are responsible for both your neighborhoods and housing values. Any other rhetoric in 2020 is political rent seeking, welfare seeking, or some other divisive, self-interested tactic that this nation needs like it needs cancer.
The opportunity is there like it has never been before and may never be again, for everyone. My advice is to spend all of your time pursuing it instead of trying to shake some more so called "equality" (used as a political rent seeking term in 2020) out of a tree that is looking less healthy by the year and may not survive if it is shaken too much harder.
And, I hear you. This is a nation built largely on speculation.
2. 400,000k value is a lot on the national level. Most White people won't afford a 400k house and there are plenty of White people in the region who can't. So, where again is the "wealth building" that Blacks are being deprived of when they are sitting in a house worth $400k?
You are cherry picking. WE can all find examples of poor whites and wealthy blacks. The issue is not that there are some people who have wealth, "So what's the big deal." The big deal is that compared to whites as a whole, blacks are way behind. Not because they don't know how to save or they are somehow lacking financial intelligence. Historically, real estate is a wealth builder. Plain and simple. Slavery was driven by it, cotton plantations got rich from it, real estate tycoons, oil tycoons, etc. etc. If blacks were shut out of those real estate booms over the decades, it is not hard to believe that they have fewer resources compared to whites. and locally, that $400k home in PG would be $1 million in majority white Chevy Chase. That not just coincidence.
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8. That said land, or any part thereof, or interest therein, shall never be rented, leased, sold, transferred or conveyed unto any negro or colored person.
Home values in University Park are higher than the surrounding areas and is majority white.
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What's the next argument 20 years from now: that their million dollar houses are depriving them of "wealth building"?
Yes. If racism continues on its current track and doesn't improve.
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3. Housing values are about bidding. The more that is bid for property in an area, the more it is said to be worth. There is literally nothing else to it then that. These "values" for the same stick and siding are all on paper, and have solely to do with demand.
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More than 80 years ago, the government determined which neighborhoods it considered risky for federal mortgage loans, outlining the "riskiest" neighborhoods in red. The determining factor was largely race, regardless of the economic status of the residents.
By 1997, homes in formerly redlined areas were worth less than half the value of homes in neighborhoods that had been deemed the "best" for mortgage lending. Over the last two decades that gap has actually widened, according to analysis of home values across the nation.
Let me ask you a question: do Blacks largely seek to bid for price-equivalent houses in Black neighborhoods or White neighborhoods when given the opportunity?
Yes. Were there also barriers to keep them out of white neighborhoods even if they desired to live in them? Yes. Do some of those barriers exist today? Yes.
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Until the answer is universally "in Black neighborhoods" then you cannot credibly cite racism. Because Blacks, themselves, are choosing to bid up the property in White neighborhoods rather than bid up the property in Black neighborhoods.
Source? That sounds highly assumptive.
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Neither White people, nor Asians, nor Jews, nor literally anyone else are going to bid up property in Black neighborhoods. For a variety of reasons. And when we do you call it "gentrification" and also attack that.
Racism being one of them.
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Its almost like you want White bidding to inflate the property values, but the Whites not not actually move in. There are few examples of greater cognitive dissonance / poorly thought out argument in this unfortunate continuing game of national racial "negotiation".
So, you think bidding is the main cause of racial disparity when it comes to wealth and home ownership? That's an interesting viewpoint.
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That's how this works. As long as Blacks with higher salaries seek to move out of Black neighborhoods, there can be no credible complaint that Black property values are stagnant: when Blacks do not almost universally choose themselves.
There are so many wealthy blacks moving out of black neighborhoods where home values are still less than comparable white neighborhoods that they are causing the decline in home values that were already less than whites in comparable neighborhoods. Got it.
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If Blacks start bidding up property in the neighborhood in question, prices will rise. Those Black families will / do have children who should, by all reason and through the same paths, move onto having similar or greater incomes than their parents. Thereby increasing the higher income Black population of the neighborhood over time and thus demand for property. Thereby boosting prices above the rate of inflation.
That is so simple. Wish we thought of that decades ago. Never mind that banks refused to give loans or even loans with low rates to blacks. OR redlining. Or companies that refused to promote or pay blacks comparable wages. The solution to it all is bidding.
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This is a key mechanism of White housing value improvement throughout the nation.
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My middle income neighborhood was very low crime. Blacks have been slowly moving in for twenty years even though there are plenty of houses on the market in the vast expanse of adjacent neighborhoods (one in which I was born) that were prior White neighborhoods but are now all Black. My neighborhood is, at present, still a White majority with nicer kept houses most people in it going to work every day. But bullet proof glass just went up at the convenience store due to armed robberies. That little detail, alone, will lead to stagant property values and people exiting the neighborhood (lowering property values).
Definition of racism. See paragraph above. Are black people inherently criminals? Or is there a reaction that takes place when the majority becomes the minority when it comes to black people moving in?
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Black crime is a factor both in terms of higher income Blacks choosing instead to bid up White neighborhood housing values, over Black neighborhoods, as well as why Black neighborhood housing value dips when people exit.
There's that bidding again.
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The lower housing values make it easier for worse elements to move in, therefore again spinning the declining housing value mechanism. In the end, this has to do with whether or not your general group, for which you are advocating, is on a cultural improvement or degenerate trend. In the end, that will dictate who with money wants to live where, will bid for it, and therefore housing values. Everyone knows it. Everything else is PC nonsense.
That was a very PC paragraph. But if you read between the lines......
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The reality is that you are responsible for both your neighborhoods and housing values. Any other rhetoric in 2020 is political rent seeking, welfare seeking, or some other divisive, self-interested tactic that this nation needs like it needs cancer.
The reality is, racism still exists and it is the cause of financial disparity among races. You can't explain it away with bidding and personal responsibility.
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The opportunity is there like it has never been before and may never be again, for everyone. My advice is to spend all of your time pursuing it instead of trying to shake some more so called "equality" (used as a political rent seeking term in 2020) out of a tree that is looking less healthy by the year and may not survive if it is shaken too much harder.
I can tell that either you're not a student of history or you choose to be ignorant to how historical events have lasting effects that last more than just a few years. You have managed to completely disregard racism as a case for racial disparity in housing wealth.
You should read: The Color of Law by Richard Rothstein and The Price of Inequality by Joseph Stiglitz
Or maybe there is an agenda to sweep 400 years of racism and its lasting affects on society and culture in this country and around the world under the rug?
Perhaps racism is too painful for some people to face so they explain it away and call it a matter of comfort, bad vibes, or left-leaning liberal vs. moderate liberal. Underneath all of the neo-definitions and labels, the river of racism still flows.
Telling a people who are on the receiving end of racism that what they are experiencing is not racism or somehow they aren't affected by racism is a form of racism. The privileged have always placed labels and defined people without their consent.
Rather than hear the truth from the oppressed, there is a furthering of that oppression with the "How dare you say the word racism." attitude. The whole, "Stop playing the race card." generation.
Those in power will not concede that power because it is the right thing to do. It took a years long civil rights movement just to pass a few laws that were long overdue. Lives were even lost just 60 years ago.,
Racism is not some argument that can be won or lost. It is a fact in our society and still very real to each generation that comes and goes. It is unsympathetic and insensitive to discount anyone who has experienced racism or has relatives who have experienced racism just because they use the word.
Some of us will continue to call it what it is. Racism in this country is as real as the 4th of July, Apple Pie, Baseball, and the American Flag. They are inseparable. To try to rend racism out of American culture and history is to deny the very thing that makes this country what it is. Perhaps that is hard for some Patriots to accept?
There's a good exhibit at the African American History Museum where you can see the actual maps that were used to redline neighborhoods based on racial makeup. I'm sure back then lots of people thought this was fine too.
Even though woodmore has 33% of blacks that make over 250,000 a year ,home values are just on average, 400,000 ...proves blacks lower home values, despite class, shows racism is baked in the system, and proves blacks can not live in black communities and build wealth, whites buy homes to build wealth, blacks buy homes to live with blacks of similar backgrounds because racism of government policies created this even if laws change
This cannot be blamed on bad schools because there are plenty of rich white communities surrounded by bad school districts, but that doesn't effect home values,
This cannot be blamed on crime because wood more doesn't have a lot of crime, Buckhead Atlanta has even more crime, but their home values are fine
I guess it doesn't apply to Baldwin Hills, ViewPark, Ladera Heights. That proof theory has some flaws and sounds more like location, location.
I guess it doesn't apply to Baldwin Hills, ViewPark, Ladera Heights. That proof theory has some flaws and sounds more like location, location.
Name some more than 3 (all of which have become much whiter)
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Never mind that banks refused to give loans or even loans with low rates to blacks. OR redlining. Or companies that refused to promote or pay blacks comparable wages. The solution to it all is bidding. 
