joe•iuculano :mastodon: · @iuculano
465 followers · 11722 posts · Server masto.ai

«According to the , homes in Black neighborhoods are valued at 23% less than those in non-Black neighborhoods despite having similar quality and amenities.

Advocates for homeowners say this bias contributes to the because it limits the financial returns of real estate for Black families.»

cnn.com/2023/04/15/us/real-est

#brookingsinstitute #black #racialwealthgap

Last updated 2 years ago

Cory Doctorow's linkblog · @pluralistic
39225 followers · 36287 posts · Server mamot.fr

Now, sometimes people in senior roles stick around because they disagree with their bosses and want to mitigate the harm of their bosses' policies.

That's not why Eberly took the job. In 2014, she and Arvind Krishnamurthy co-wrote a paper called "Efficient Credit Policies in a Housing Debt Crisis," that explained why Geithner had it right all along - bailing out the banks and leaving homeowners in foreclosure is "efficient":

brookings.edu/wp-content/uploa

9/

#brookingsinstitute

Last updated 2 years ago