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What is redlining? A look at the history of racism in American real estate | Bankrate

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What is redlining? A look at the history of racism in American real estate | Bankrate

Redlining, African American Economics, Black Economics, Housing, Fair Housing, African American Banking, Black Banking, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, WRIIT, TRYB,

 

Zach Wichter, Bankrate

The days of race-based housing discrimination in the U.S. are legally behind us, but the legacy of policies that kept nonwhite citizens out of some neighborhoods remains pervasive.

America’s discriminatory past can still be seen today with nonwhite mortgage borrowers generally getting charged higher interest rates, and persistent “voluntary” neighborhood segregation.

These trends can be traced in part to an official government policy of the past, commonly known as redlining, which codified racist attitudes in real estate and finance, and made it more difficult for nonwhites to purchase homes.

See Also
African American Wealth, Black Wealth, African American Real Estate, Black Real Estate, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, WRIIT, TRYB,

 


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