- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Yes or No: Do you believe the FHA practiced/promoted redlining?
Posted on 9/15/14 at 10:47 pm
Posted on 9/15/14 at 10:47 pm
If no: what more evidence could you possibly require?
If yes: do you believe that such a practice had a massive effect over the decades it was practiced?
Redlining
If yes: do you believe that such a practice had a massive effect over the decades it was practiced?
Redlining
7
Posted on 9/15/14 at 10:51 pm to Big Scrub TX
A higher percentage of whites were denied housing loans in the referenced period than asians. Could this be a sign of redlining?
Posted on 9/15/14 at 10:53 pm to UsingUpAllTheLetters
quote:
A higher percentage of whites were denied housing loans in the referenced period than asians. Could this be a sign of redlining?
It's certainly a sign of avoiding the topic.
Posted on 9/15/14 at 10:56 pm to Big Scrub TX
Your posts are starting to become a sign of ineffective tampons.
Posted on 9/15/14 at 10:56 pm to UsingUpAllTheLetters
It's truly sad to me that Americans can't even recognize their own history.
Posted on 9/15/14 at 10:57 pm to Big Scrub TX
quote:
Yes or No: Do you believe the FHA practiced/promoted redlining?
In those days practically every lender did. So yes.
quote:
If yes: do you believe that such a practice had a massive effect over the decades it was practiced?
Absolutely.
Posted on 9/16/14 at 6:22 am to Big Scrub TX
Wait, that can't be true. Government is inherently good and should be given as much control as possible.
Posted on 9/16/14 at 6:50 am to Big Scrub TX
Just business using common sense.
Posted on 9/16/14 at 6:55 am to Big Scrub TX
So what you're saying in the OP is, that government intervention in the market creates biased market forces?
Well by all means, call in the CFTC
Well by all means, call in the CFTC
Posted on 9/16/14 at 7:56 am to jamboybarry
So now government is overseeing the medical industry. What could possibly go wrong?
Posted on 9/16/14 at 8:22 am to Big Scrub TX
quote:
Big Scrub TX
I've come to the conclusion that you're either an extraordinarily bitter black person or a white person with a case of white guilt that borders on neurosis.
Posted on 9/16/14 at 8:47 am to Big Scrub TX
Do I think the FHA refused to guarantee loans in certain high-minority areas? Yes - the evidence of that is clear.
But here's my thing. After Katrina, a lot of noise was made about homes in the 9th ward of New Orleans, who were having trouble getting Road Home grants, because proof of ownership could not be found. These houses were held by black families for generations. How did these black people - 30, 40, 50, 60 years ago, get mortgages to buy these houses, if it was impossible to get a mortgage?
Many black families own houses today. Many black families do not own houses today. The ones that do not, seem to not own them because they choose not to, or because they cannot afford to, or because their credit is messed up.
Therefore, I am having trouble linking redlining from 50 years ago, to wealth inequalities today. Most people - white and black - don't have family wealth. The only wealth they have today is the wealth to which they personally conributed.
But here's my thing. After Katrina, a lot of noise was made about homes in the 9th ward of New Orleans, who were having trouble getting Road Home grants, because proof of ownership could not be found. These houses were held by black families for generations. How did these black people - 30, 40, 50, 60 years ago, get mortgages to buy these houses, if it was impossible to get a mortgage?
Many black families own houses today. Many black families do not own houses today. The ones that do not, seem to not own them because they choose not to, or because they cannot afford to, or because their credit is messed up.
Therefore, I am having trouble linking redlining from 50 years ago, to wealth inequalities today. Most people - white and black - don't have family wealth. The only wealth they have today is the wealth to which they personally conributed.
Posted on 9/16/14 at 9:07 am to LSUFanHouston
quote:
How did these black people - 30, 40, 50, 60 years ago, get mortgages to buy these houses, if it was impossible to get a mortgage?
In some ares many got seller-financed mortgages that were terrible deals for them. Some were able to pay them off despite the the terrible terms, many were not. Chicago was an especially bad area for this practice. Not sure if New Orleans was, but I would guess so.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News