.@andreperryedu talks in here about “devalued assets” as the intentional and on-purpose suppression of Black assets—specifically our homes and small businesses which are the primary wealth builders in this country.
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A good 20 minutes. “What we found pretty much astounds. That homes in black neighborhoods [compared to white neighborhoods] are under priced, undervalued by 23% and that’s about $48,000 per home. Cumulatively That’s $156 billion in lost equity.”https://one.npr.org/i/920342513:921322881 …
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They do us dirty.
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We need Black owned banks with black appraisers.
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It's so pervasive.....and disheartening
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