3 ms·
You're going to need some sort of evidence to back that up. Most of the restrictions are around keeping current homeowner's values artificially inflated.
by shiftpgdn 6y ago
You're going to need some sort of evidence to back that up. Most of the restrictions are around keeping current homeowner's values artificially inflated.
- api 6y agoHistorically those two objectives are closely related, as people would worry that blacks moving into a neighborhood would decrease property values.
- themihai 6y ago>> blacks moving into a neighborhood would decrease property values. I'm not from U.S but why would black people decrease property values? Isn't this really about poor people (that in the U.S are more likely to be black) decrease property values?
- api 6y agoIt's because racist Americans don't want to live near blacks, reducing demand, and because of perception of blacks as always being poor. Here's an example of the same house in the same neighborhood being appraised much higher when the appraiser didn't know there was a black occupant: https://www.ktvb.com/article/news/nation-world/jacksonville-couple-sees-home-appraisal-jump-40-percent-after-they-remove-all-traces-of-blackness/77-c3087e8c-0c65-4fb9-8319-da82f5c0ea20 https://www.ktvb.com/article/news/nation-world/jacksonville-... Money quote: "... because in the Black community, it’s just common knowledge that you take your pictures down when you’re selling the house."
- pembrook 6y agohttps://en.wikipedia.org/wiki/Housing_segregation_in_the_United_States https://en.wikipedia.org/wiki/Housing_segregation_in_the_Uni... "White communities are more likely to have strict land use regulations (and whites are more likely to support those regulations).[25][26] Strict land use regulations are an important driver of housing segregation along racial lines in the United States.[25]" Further reading: https://www.cambridge.org/core/journals/american-political-science-review/article/geography-of-inequality-how-land-use-regulation-produces-segregation/BAB4ABDF014670550615CE670FF66016 https://www.cambridge.org/core/journals/american-political-s...
- neolog 6y agoParent is quoting the original post which links to a document with sources.