Current Events > Black people houses get apprised lower then white people.

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cjsdowg
02/14/21 5:45:39 PM
#1:


This shit right here is what helps to keep African Americans down in America.

https://twitter.com/JulianGABC7/status/1360432373544849409


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nothanks1
02/14/21 5:46:59 PM
#2:


Imagine comparing the price of a house to a person
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Smashingpmkns
02/14/21 5:47:33 PM
#3:


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Bad_Mojo
02/14/21 5:49:05 PM
#4:


Smashingpmkns posted...
That's really fucked up.

Sure is. Lots of garbage people still in this world

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BeantownHero
02/14/21 5:49:38 PM
#5:


This is what people like me mean when we try to convey just how deep anti black racism infects every aspect of american life.

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Unsugarized_Foo
02/14/21 5:50:39 PM
#6:


I thought my uncle was racist, but maybe he was just short speaking... He must have meant 'There goes the neighborhood's equity due to systemically racist realestste appraisal tools and professionals'

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Null_Gain
02/14/21 5:53:04 PM
#7:


The term "there goes the neighborhood" is a callback to when a minority family would move into a white neighborhood.

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g980
02/14/21 5:53:07 PM
#8:


Bad_Mojo posted...


Sure is. Lots of garbage people still in this world


Do you think this is malicious or the result of unconscious bias + subjective appraisal process?

The former almost seems easier to address, but the latter more likely
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WingsOfGood
02/14/21 5:56:14 PM
#9:


People in the comments thought this was Texas but it was actually in California.
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VipaGTS
02/14/21 5:57:38 PM
#10:


g980 posted...
Do you think this is malicious or the result of unconscious bias + subjective appraisal process?

The former almost seems easier to address, but the latter more likely
it probably has something to do with assumed "cleanliness". or some stupid racist shit like that.

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nothanks1
02/14/21 5:58:48 PM
#11:


It's to do with non-White people typically earning lower income so its assumed they'll take a lower offer
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g0ldie
02/14/21 5:59:13 PM
#12:


I made a topic yesterday, but no one replied :(

anyway, the way the couple found out that their home was being appraised a lot lower than it was worth was by having one of their white friends pretend the home was there.

then after a second appraisal, it was valued at $500k more.

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Bad_Mojo
02/14/21 5:59:27 PM
#13:


g980 posted...
Do you think this is malicious or the result of unconscious bias + subjective appraisal process?

The former almost seems easier to address, but the latter more likely

I think a lot of people confuse racism with stereotypes. Not that there is a big difference. I think it's an unconscious bias, not something they set out to do.

Still a bunch of BS, but that's human nature, everyone has an unconscious bias. It's not that different than a female being more careful around strange men she doesn't know. Men are not all evil and want to do horrible things to you.

It's sad that this happens, and I feel really badly for this family.

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VipaGTS
02/14/21 6:00:01 PM
#14:


nothanks1 posted...
It's to do with non-White people typically earning lower income so its assumed they'll take a lower offer
500k is quite a difference and what do they even gain from doing that to them?

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Sir Will
02/14/21 6:01:42 PM
#15:


g980 posted...
Do you think this is malicious or the result of unconscious bias + subjective appraisal process?

The former almost seems easier to address, but the latter more likely
Probably a mix of both.

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nothanks1
02/14/21 6:02:39 PM
#16:


VipaGTS posted...

500k is quite a difference and what do they even gain from doing that to them?

Its about perceived wealth too
A great example is take a black man and a white man. White dude dresses in sweatpants and a vest. Black dude has a well tailored suit.

Most people would assume the black dude has more wealth
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Bad_Mojo
02/14/21 6:03:56 PM
#17:


VipaGTS posted...
500k is quite a difference and what do they even gain from doing that to them?

I think they would gain more money, right? The higher the house sells for, the more of a cut they get? As to why undersell the one family, I think we already all know that. This person seems to think a black-owed home would be harder to sell to people, I guess. So they [the appraiser] wouldn't get their money as quickly if they thought the house wouldn't sell for the higher price.

So greed is a factor as well?

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Hickey_Blvd46
02/14/21 6:04:11 PM
#18:


unfortunately this always happens. Asians have the same problem too because a lot of people think the house wont be clean due to them being the owners.

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Trumble
02/14/21 6:04:54 PM
#19:


Bad_Mojo posted...
I think a lot of people confuse racism with stereotypes. Not that there is a big difference. I think it's an unconscious bias, not something they set out to do.

Still a bunch of BS, but that's human nature, everyone has an unconscious bias. It's not that different than a female being more careful around strange men she doesn't know. Men are not all evil and want to do horrible things to you.

It's sad that this happens, and I feel really badly for this family.

It's "sad" when it happens in ways that don't ultimately have a material effect on people. It's a problem when it happens in ways that do.

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Balrog0
02/14/21 6:05:04 PM
#20:


Unsugarized_Foo posted...
I thought my uncle was racist, but maybe he was just short speaking... He must have meant 'There goes the neighborhood's equity due to systemically racist realestste appraisal tools and professionals'

Lol yikes

g980 posted...
Do you think this is malicious or the result of unconscious bias + subjective appraisal process?

The former almost seems easier to address, but the latter more likely

There are systemic reasons that neighborhoods with the same kind of housing stock but different racial composition are valued differently, but this is a pretty straightforward example of individual bias. I dunno if it's intentional malice

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SauI_Goodman
02/14/21 6:05:27 PM
#21:


What about a black person married to a white person

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Bad_Mojo
02/14/21 6:05:38 PM
#22:


Trumble posted...


It's "sad" when it happens in ways that don't ultimately have a material effect on people. It's a problem when it happens in ways that do.

Well said

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g0ldie
02/14/21 6:05:52 PM
#23:


Hickey_Blvd46 posted...
unfortunately this always happens. Asians have the same problem too because a lot of people think the house wont be clean due to them being the owners.
for real?

not saying it's not true, but I've never heard this before.

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#24
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Taharqa_
02/14/21 6:12:10 PM
#25:


This happens to black people of all socioeconomic backgrounds.

Comedian DL Hughley said the same thing that happened to this couple happened to him when he tried to sell his house, the appraiser undervalued his house. DL Hughley isn't hurting for money.

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Smashingpmkns
02/14/21 6:54:53 PM
#26:


I just told my gf about this (she works in home loans) and she said that this isn't even a secret in the industry.
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gafemaqs
02/14/21 6:59:09 PM
#27:


If this had been in a rural area, the appraiser would've had no choice but to raise the value. Home values in rural areas have really taken off since COVID.

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GusTheGhost
02/14/21 6:59:57 PM
#28:


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Solid Snake07
02/14/21 7:03:39 PM
#29:


I've had multiple properties appraised, never once met the appraiser

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Dark_SilverX
02/14/21 7:06:25 PM
#30:


now this is worthy of a protest

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I4NRulez
02/14/21 7:09:32 PM
#31:


nothanks1 posted...
Its about perceived wealth too
A great example is take a black man and a white man. White dude dresses in sweatpants and a vest. Black dude has a well tailored suit.

Most people would assume the black dude has more wealth

Are you trying to say its the black peoples fault?

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cellus523
02/14/21 7:10:53 PM
#32:


Wow this place has been way more receptive of this story than the Youtube comment section that ran it.

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hockeybub89
02/14/21 7:12:17 PM
#33:


But there aren't public lynchings and everyone doesn't scream racial slurs, so systemic racism doesn't exist anymore.

/s

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GusTheGhost
02/14/21 7:13:52 PM
#34:


hockeybub89 posted...
systemic racism doesn't exist anymore.


But it does:

https://youtu.be/-jIhaQWL-_Q
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orangefire25
02/14/21 7:16:29 PM
#35:


Jfc.

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g980
02/14/21 8:34:12 PM
#36:


Balrog0 posted...
There are systemic reasons that neighborhoods with the same kind of housing stock but different racial composition are valued differently, but this is a pretty straightforward example of individual bias. I dunno if it's intentional malice


Makes sense

My beef is mostly with jumping straight to "the appraisers are garbage humans"

Nah they are flawed humans like the rest of us. Most people arent nazis and while people are hella resistant to the idea that they have unconscious biases, it's got a better shot at landing then telling someone they have a conscious bias when they know they dont
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Alucard188
02/14/21 8:39:21 PM
#37:


The housing situation in America is ridiculously racist against people of colour.

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TheBlueMonk_
02/14/21 8:42:08 PM
#38:


racist idiots: "ThErE iS nO sUcH tHiNG As WhItE PriVLEdGe"

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Kingbuffet
02/14/21 8:47:55 PM
#39:


Smh. I'll keep this mind if I ever have to sell home. Problem now is I have to make a white friend.
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Kingbuffet
02/14/21 8:48:06 PM
#40:


Kingbuffet posted...
Smh. I'll keep this mind if I ever have to sell home. Problem now is I have to make a white friend.


SMDH!!!!
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#41
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TheBlueMonk_
02/14/21 9:21:22 PM
#42:


Kingbuffet posted...
Smh. I'll keep this mind if I ever have to sell home. Problem now is I have to make a white friend.
lol you joke but im thinking about it

i dont think i have any close white friends <_<

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Taharqa_
02/14/21 9:24:09 PM
#43:


Kingbuffet posted...
Smh. I'll keep this mind if I ever have to sell home. Problem now is I have to make a white friend.

I'm getting into real estate and have a white friend on standby for reasons like this. I told him he's my front man lol.

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#44
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Conker
02/14/21 9:41:12 PM
#45:


@GusTheGhost GusTheGhost posted...
But it does:

https://youtu.be/-jIhaQWL-_Q

That post even had a /sarcasm tag

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Solar_Crimson
02/15/21 12:59:21 PM
#46:


ImAMarvel posted...
This. It's fucking everywhere. I want us to become a truly equal society but I'm at the point where I'm wondering if it's ever actually going to happen when shit like this still happens.
Agreed, and it doesn't help when 70 million people in this country voted for a political party that wants to roll back civil rights.

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cjsdowg
02/15/21 9:22:22 PM
#47:


Solar_Crimson posted...
Agreed, and it doesn't help when 70 million people in this country voted for a political party that wants to roll back civil rights.

And the first thing you see many people doing is making excuses for it.

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DarkChozoGhost
02/16/21 3:38:29 PM
#48:


g980 posted...
Makes sense

My beef is mostly with jumping straight to "the appraisers are garbage humans"

Nah they are flawed humans like the rest of us. Most people arent nazis and while people are hella resistant to the idea that they have unconscious biases, it's got a better shot at landing then telling someone they have a conscious bias when they know they dont
They are absolutely racist pieces of shit. Even if it is just and "unconscious bias." It has tangible effects.

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