A Word: Home Robbery

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4 • 1.1K Ratings

🗓️ 21 January 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

In theory, the Fair Housing Act of 1968 outlawed all forms of real estate discrimination. In reality, Black home sellers often see their homes valued much lower than similar homes owned by whites. Andre Perry of the Brookings Instititution joins the show today to talk about the how real estate discrimination has robbed Black Americans billions of dollars in generational wealth, and what can be done to change it. Guest: Andre Perry, Senior Fellow at the Brookings Institution and author of Know Your Price: Valuing Black Lives and Property in America’s Black Cities Podcast production by Jasmine Ellis and Asha Saluja You can skip all the ads in A Word by joining Slate Plus. Sign up now at slate.com/awordplus for just $1 for your first month. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is a word, a podcast from Slate on your host, Jason Johnson, House Ownership.
0:09.3	It's supposed to be the foundation of the American Dream, but for too many black families,
0:13.4	bias can turn that dream into a nightmare, and that has robbed African Americans a billions
0:18.9	of dollars in generational wealth.
0:20.4	We should assume that we are being discriminated against in the home buying process.
0:26.4	When you go through the home buying process, I don't care how much you think you know,
0:31.9	find an advocate.
0:33.2	The so-called black tax for homeowners and how to fight it, coming up on a word with
0:37.2	me, Jason Johnson.
0:38.9	Stay with us.
0:39.9	If you hope that we're going to pour them into these trays, I'm making chocolate.
0:45.5	If you're looking to take the next steps with your business, get in touch with Matt West.
0:49.7	So how did Matt West get involved?
0:51.4	We started really small in my back garden, and then I moved into here.
0:55.3	Matt West had an accelerator program, which talked about funding, leadership, the business
0:59.8	just started to grow.
1:00.9	And now get two years free everyday banking, if you open a startup account, or switched
1:05.2	to Matt West's business banking, backed by the current account, Switch Guarantee, search
1:09.6	Matt West's business tomorrow, begins today.
1:13.1	Croteira Applied.
1:14.1	Turn over on a one-minute pass to start.
1:15.1	It's a two-minute pass to switch.
	...

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