The History of Redlining and How it’s Shaped Today’s Cities
Although the Fair Housing Act was established more than 50 years ago today, the impacts of racial discrimination persist as communities struggle to break free from the legacy of redlining.
While positive steps have been made over the past 50 years to eliminate discriminatory practices of residential real estate appraisals, there are still instances of this occurring. Homes.com looks at the past, the current, and the future state of racial bias in real estate appraisals.
Americans are talking and thinking about racial equality more than ever these days. While most of us understand there is a significant racial gap in wealth, income and many other facets of American life, we sometimes forget why those disparities exist and how the country has attempted to address them.