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> Like the point made here[0], it's de-facto reparations by advantaging those who were/have been affected by lost generational wealth (unequal schools and racis

by xyzzyz 4y ago

> Like the point made here[0], it's de-facto reparations by advantaging those who were/have been affected by lost generational wealth (unequal schools and racist HOA & loan policies). Does anyone actually check whether recipients of these de facto reparation actually have been affected by any of that? As far as I can tell, nobody does, because nobody cares, it’s literally just based on the skin color.

judge2020 4y ago
The loss in generational wealth is effectively based on skin color. For example, in the 1930's, the Home Owner's Loan Corp. mapped out and literally redlined black areas, making it harder for homes to be bought and sold without paying extra in interest[0]. From Wikipedia[1]: > The effects of redlining, as noted in HOLC maps, endures to the present time. A study released in 2018 found that 74 percent of neighborhoods that HOLC graded as high-risk or "hazardous" are low-to-moderate income neighborhoods today, while 64 percent of the neighborhoods graded "hazardous" are minority neighborhoods today. “It’s as if some of these places have been trapped in the past, locking neighborhoods into concentrated poverty,” said Jason Richardson, director of research at the NCRC, a consumer advocacy group. The linked page[0] goes into more detail about how disastrous this was and the impact on wealth it has to this day. Considering how neighborhoods were even less integrated then than they are now, it's safe to say the correlation of redlining to skin color was very high. 0: https://www.investopedia.com/the-history-of-lending-discrimination-5076948#toc-home-owners-loan-corp-holc https://www.investopedia.com/the-history-of-lending-discrimi... 1: https://en.wikipedia.org/wiki/Home_Owners%27_Loan_Corporation#Redlining https://en.wikipedia.org/wiki/Home_Owners%27_Loan_Corporatio...
- SamReidHughes 4y ago
  What has a higher median income: African-Americans, or Poland?
- fakethenews2022 4y ago
  Except that some of the ethnic groups (Asian Americans) that are being discriminated against by this policy were also discriminated against by redlining back then.
- xyzzyz 4y ago
  > The loss in generational wealth is effectively based on skin color. For many black skinned people in America, sure. For all? Certainly not. There are millions of African immigrants and their descendants in America, who have not experienced any of this. Does anyone bother to differentiate them from the American descendants of slaves? No, it really is all about skin color.

by xyzzyz 4y ago

judge2020 4y ago

The loss in generational wealth is effectively based on skin color. For example, in the 1930's, the Home Owner's Loan Corp. mapped out and literally redlined black areas, making it harder for homes to be bought and sold without paying extra in interest[0]. From Wikipedia[1]: > The effects of redlining, as noted in HOLC maps, endures to the present time. A study released in 2018 found that 74 percent of neighborhoods that HOLC graded as high-risk or "hazardous" are low-to-moderate income neighborhoods today, while 64 percent of the neighborhoods graded "hazardous" are minority neighborhoods today. “It’s as if some of these places have been trapped in the past, locking neighborhoods into concentrated poverty,” said Jason Richardson, director of research at the NCRC, a consumer advocacy group. The linked page[0] goes into more detail about how disastrous this was and the impact on wealth it has to this day. Considering how neighborhoods were even less integrated then than they are now, it's safe to say the correlation of redlining to skin color was very high. 0: https://www.investopedia.com/the-history-of-lending-discrimination-5076948#toc-home-owners-loan-corp-holc https://www.investopedia.com/the-history-of-lending-discrimi... 1: https://en.wikipedia.org/wiki/Home_Owners%27_Loan_Corporation#Redlining https://en.wikipedia.org/wiki/Home_Owners%27_Loan_Corporatio...

SamReidHughes 4y ago
What has a higher median income: African-Americans, or Poland?
fakethenews2022 4y ago
Except that some of the ethnic groups (Asian Americans) that are being discriminated against by this policy were also discriminated against by redlining back then.
xyzzyz 4y ago
> The loss in generational wealth is effectively based on skin color. For many black skinned people in America, sure. For all? Certainly not. There are millions of African immigrants and their descendants in America, who have not experienced any of this. Does anyone bother to differentiate them from the American descendants of slaves? No, it really is all about skin color.