A curated collection of links to news, analysis, trends, ideas and views from elsewhere.
There are still racist individuals. They still act in racist ways. And in the aggregate, their actions still work to disadvantage entire groups on the basis of race.
The New York Times: Racism Right Before Our Eyes Read More »
Representative Ilhan Omar’s Homes for All Act would fund the construction of 12 million new homes in the U.S. over 10 years, mostly as public housing.
CityLab: What A Trillion-Dollar Housing Pledge Looks Like Read More »
“If I had $1000 for every announcement that’s happened in the last five years, since I’ve been here—I mean, wow,” PayPal CEO Dan Schulman said of the Google checking news, in an interview with Fortune editors and reporters last week. “It’s a tough, tough business.”
Fortune: Why Every Company Wants To Look Like A Bank—Without Becoming One Read More »
A new Washington Post analysis found that the HUBZone program’s use of outdated and unadjusted data allowed businesses in wealthy areas to qualify for more than $540 million in federal contracts meant for firms in underserved neighborhoods. Rather than improve inequalities, critics say, the program has exacerbated disparities, and they question whether its calculations fit the program’s mission.
Regulators must act to prepare the system.
Bloomberg: Climate Change Is a Financial Crisis, Too Read More »
White, Black, Hispanic and Asian testers were sent undercover to see if they would be treated equally by LI real estate agents. Many were not.
As Amazon carves out a new home in Arlington, the county is continuing its search for new solutions to a growing problem: the shortage of affordable housing.
NPR: Is Redeveloping Religious Spaces A Solution To DC’s Housing Crisis? Read More »
Our present financial ruin is being turned into a business model.
Wired: The Future of Banking Is … You’re Broke Read More »
More than two centuries after it was designed to empower southern white voters, the system continues to do just that.
The Atlantic: The Electoral College’s Racist Origins Read More »
New York City, with more than 1 million students, is far and away the nation’s largest school district — and one of its most segregated.
The Washington Post: What Happened When Brooklyn Tried To Integrate Its Middle Schools Read More »
A brief guide to the absurd, circular logic of people who don’t want to deal with homelessness.
Vice: Actually Supporting Homeless People Does Not Mean Housing Them Yourself Read More »
A federal tax break intended to draw investment to lower-income areas has become one more way for the rich to avoid paying taxes.
The New York Times: Opportunity Zones-For Billionaires Read More »
Nationwide, 64% of Americans own their homes. In Milwaukee, merely 52% do. And the challenges are substantially greater for lower-income households and people of color. The differences are as plain as black and white – literally.
The share of African Americans who own their homes fell from 43.8% in early 2012 to 40.6% in the second quarter, according to the U.S. Census Bureau. By contrast, the white homeownership rate has edged down slightly, from 73.5% to 73.1%. In 2004, during the housing boom, nearly half of black people owned their homes.
USA Today: Black households can afford just 25% of homes for sale, down from 39% in 2012 Read More »
Entry-level home buyers outnumbered sellers in the Twin Cities metro in October, boosting prices and stifling sales of houses priced at less than $300,000. For those willing to spend more than that, it was a radically different story — sales and listings of move-up properties increased double-digits.
National Mortgage News: Median sale price of Twin Cities home hits a record in October Read More »
