
Undermining Black Homeownership with Keeanga-Yamahtta Taylor
Why Is This Happening? The Chris Hayes Podcast
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What Is Happening in the Urban Market?
In the post war period, when the initial federal programme was under way, these were new houses. Interest rates were at historic lows during this a period of time. So what is happening in the urban market? The housing is incredibly old. In some places like saint louis, the houses in black neighborhoods are between 70 and 80 years old. And utuche, large ye interest rates are on the rise. It means that as black peoplecn nued to be a captured market, it drove the price up and the quality of the housing down.It dramatically limited their ability to function, to be mobile within the housing market,. right?
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