(09-24-2022, 07:45 PM)mikesez Wrote: Redlining wasn't about which borrowers qualified for credit.  It was about which areas were allowed to become mostly homeowners vs other areas that remained mostly renters.  There were black people with sufficient income and savings to get a subsidized loan at the time.  But nearly all the houses they might have wanted to buy were either considered "risky" by the federal government or else they were in desirable areas that had "whites only" covenants.
The racial wealth disparity in this country is mainly driven by this.
You want to blame welfare and abortion, and I'm not arguing in favor of either of those things, but I am saying those things impacted poor whites and poor blacks equally.  The disparate impact was in the housing policy.

Lies lies LIES.  redlining was an intervetionary policy started by the federal government to categorize which loans should be federally backed and it bled over into private lending. That has nothing yo do with the credit worthiness of the underlying population or their ability to offer barter in lieu of credit.  

Due to this reason the actual increase in HOME OWNERSHIP during the period of redlining was congruent between whites and blacks.  

I was not saying that abortion was the cause of the wealth disparity.  I am saying that during the mid 60s  black Amrica adopted self destructive sociopolitical ideologies  that derailed three decades of geometric economic progression and ALSO killed 20 million plus blacks!

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