A Word: Home Robbery

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 23 January 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

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

Click on a timestamp to play from that location

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.
0:11.8	But for too many black families, bias can turn that dream into a nightmare.
0:16.4	And that has robbed African Americans a billions 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.
0:29.3	I don't care how much you think you know, find an advocate.
0:33.1	The so-called black tax for homeowners and how to fight it.
0:35.8	Coming up on a word with me Jason Johnson.
0:38.8	Let's do with it.
1:08.8	Offer ends 31st of December full details online.
1:14.8	Welcome to a word a podcast about race and politics and everything else.
1:19.4	I'm your host Jason Johnson.
1:22.1	In theory, the Fair Housing Act outlawed racial discrimination in all aspects of real estate
1:27.7	way back in 1968.
1:29.9	And practice that bias is alive and well and costing black homeowners thousands, even hundreds
1:36.0	of thousands of dollars.
1:38.0	Make the case of Paul Austin and Tenecia Tade Austin.
1:41.0	The couple was stunned when their Bay Area California home was valued just under a million
1:45.2	dollars.
1:46.2	A small appreciation for their purchase, especially considering they made major and expensive
1:52.1	improvements.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.