Devaluing black assets
Explain It to Me
Vox Media Podcast Network
4.4 • 8K Ratings
🗓️ 20 March 2020
⏱️ 50 minutes
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| 0:00.0 | Today's episode is brought to you by Into the Mix, a Ben and Jerry's podcast about joy and justice produced with Fox Creative. |
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| 1:14.0 | Okay, folks, this episode is kind of a break from coronavirus news that's been dominating this feed and other places. |
| 1:23.0 | It's a really fascinating interview I conducted with Andre Perry, the scholar of the Brookings Institution, and he's been doing work on the sort of devaluation of black owned assets and assets located in African-American neighborhoods. |
| 1:36.0 | He's got sort of two great series on this one about real estate, one about small businesses. |
| 1:40.0 | I learned a ton about the world, but also about my actual community and the neighborhood that I live in and the kind of forces shaping the world all around us. |
| 1:49.0 | I learned a lot. Check this one out. |
| 1:52.0 | Hello, welcome to another episode of the Weeds on the Vux Media Podcast Network. I'm Matthew Glacias. My guest today, Andre Perry is a fellow at the Brookings Institution. |
| 2:05.0 | He's the author of the forthcoming book, Know Your Price, and the author of a couple recent great reports that I'd read on a fascinating subject. |
| 2:13.0 | The most recent one of them that I saw, it's about, I don't know how you were putting it, but it looks at the gill previews in African-American versus white neighborhoods. |
| 2:22.0 | And it shows how business quality essentially is devalued in black neighborhoods. |
| 2:28.0 | That's right. The thrust of my work, I'm looking at assets in black majority cities. |
| 2:35.0 | There's this narrative that the state of black majority cities are a direct result of the behaviors of the residents in them. |
| 2:43.0 | And so a lot of my work goes into looking at structural issues that cause lower prices on homes, lower ratings for services. |
| 2:55.0 | And so this business report that we just put out looking at the devaluation of businesses and black neighborhoods falls in that vein. |
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