Examine the prevalent problem of racism in the real estate industry. For more information, please visit our website: https://www.entrepreneurextraordinair...
Racism in real estate, How RACE plays a role in real estate redlining [Controversial Content]
From redlining to current discriminatory practices. Join the discussion and discover why eliminating systemic racism is essential to establishing a more equitable housing market.
Racism in Real Estate and in the United States is part of the US culture. Look at the history of the US as early as 1968, which is when, finally, redlining was banned. Still, to this day, redlining and racism continue in the United States. Racism in real estate is alive and growing. Blacks own fewer homes than they did 50 years ago. A lot of buyers face discrimination in real estate on a regular basis. Racism in real estate is systemic, and it's not going away anytime soon. Racism happens to all real estate agents. Every real estate agent I have come across has faced discrimination of some kind. Redlining still exists, and the racial wealth gap has grown. And the main reason for that is the racial profiling of blacks, browns, Hispanics, and Asians.
✅ Time Stamps:
00:00- Short role play to show how racism in real estate works
01:04- Greetings and Introduction
02:23- History of real estate segregation
02:45- What is Redlining in Real estate
04:20- President Nixon did not want the social integration of minorities
05:30- How the government-controlled distribution of wealth
06:15- What I was told in school
07:00- Home ownership stats Blacks, Hispanics, Whites,...
07:38- President Joe Biden offers 15,000 for home buyer credit to everyone
08:50- The 1960s culture. We want white tenants
09:50- Why do I personally get treated differently because of the color of my skin
11:00- Why do blacks get lower appraisals on their homes
11:38- The passing of the Fair housing act by President LBJ
11:55- How agents of color are sent to serve only low-income communities
13:00- A real-world example of segregation in Chicago.
14:25- How minorities get higher interest rates to push them to lower standards of living
16:09- A racist real estate agent caught on camera
17:30- So, what can we do?
19:10- Silence is not an option
Title: Exposing Bias: Unmasking Racism In Real Estate - Real Estate Redlining [Controversial Content]
This video explores information on Exposing Bias: Unmasking Racism In Real Estate - Real Estate Redlining [Controversial Content], but also covers the following topics:
Role Of Race In Redlining
Historical Context Of Real Estate Redlining
Impact Of Racial Profiling On Real Estate Investment
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