You’re showing way too much faith in the institutions that invented the red lining in the first place to imply that the ol’ boys club system wasn’t waaaaay more rife with systemic racism.
The post war recovery laws were literally lobbied to specifically exclude black folks, but sure, home buying was easier for them then than it was post credit scores.
It might have been “illegal” but lenders were still basically doing it anyways, just calling it everything else imaginable. Shit they still do it when they think they’ll get away with it, folks have actually tested it, real estate brokers list houses shown by white “owners” at higher values than those shown by black “owners”
You’re showing way too much faith in the institutions that invented the red lining in the first place to imply that the ol’ boys club system wasn’t waaaaay more rife with systemic racism.
The post war recovery laws were literally lobbied to specifically exclude black folks, but sure, home buying was easier for them then than it was post credit scores.
Removed by mod
It might have been “illegal” but lenders were still basically doing it anyways, just calling it everything else imaginable. Shit they still do it when they think they’ll get away with it, folks have actually tested it, real estate brokers list houses shown by white “owners” at higher values than those shown by black “owners”