Thoughts on redline neighborhoods?

First, you need to explain to me what a Redline neighbored is.

quote:

---

Thoughts on redline neighborhoods?

---

Don't even know what they are.

Neighborhoods with high proportion of minority residents are more likely to be redlined than other neighborhoods with similar household incomes, housing age and type, and other determinants of risk, but different racial composition.

[4] While the best known examples of redlining have involved denial of financial services such as banking or insurance,[5] other services such as health care (see also Race and health) or even supermarkets[6] have been denied to residents. In the case of retail businesses like supermarkets, purposely locating stores impractically far away from targeted residents results in a redlining effect.[7]

In the 1960s, sociologist John McKnight coined the term "redlining" to describe the discriminatory practice of fencing off areas where banks would avoid investments based on community demographics

Wiki

Is that where people race their Civics at 3am?

Does a neighborhood become blackline when all it’s supermarkets are burned down by its residents?

They broke into a Rolex Store and a Jason's Deli. White people better hope they don't start denying credit to those areas.

Ain't no Jason's Deli in a bad hood.

quote:

---

First, you need to explain to me what a Redline neighbored is.

---

The term refers to the presumed practice of mortgage lenders of drawing red lines around portions of a map to indicate areas or neighborhoods in which they do not want to make loans.

Black lines matter

It’s a huge circle jerk. Redlining is denying people loans because of the neighborhood they live in.

A few years ago it was a thing, then banks started loaning money to anyone regardless of any red flags, people started defaulting on loans, the housing bubble popped, and the government bailed out the banks.

I guess we are back to redlining being a thing.

quote:

---

And people wonder why the housing market crashed

---

Yup. But everybody wants to blame the big bad banks, nobody wants to lay the blame at the government’s feet for forcing the banks to lend money to people that would never be able to pay the note.