[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

No place for hate apeech

America and Israel both told Qatar to allow Hamas to stay in their country

Video | Robert Kennedy brings down the house.

Owner releases video of Trump banner ripping, shooting in WNC

Cash Jordan: Looters ‘Forcibly Evict’ Millionaires… as California’s “NO ARRESTS” Policy BACKFIRES

Dallas Motel Horror: Immigrant Machete Killer Caught

America has been infiltrated and occupied Netanyahu 1980

Senior Trump Official Declares War On Far-Left NGOs Sowing Chaos Nationwide

White House Plans Security Boost On Civil Terrorism Fears

Visualizing The Number Of Farms In Each US State

Let her cry

The Secret Version of the Bible You’re Never Taught - Secret History

Rocker defames Charlie Kirk threatens free speech

Paramount Has a $1.5 Billion South Park Problem

European Warmongers Angry That Trump Did Not Buy Into the ‘Drone Attack in Poland’

Grassley Unveils Declassified Documents From FBI's Alleged 'Political Hit Job' On Trump

2 In 5 Young Adults Are Taking On Debt For Social Image, To Impress Peers, Study Finds

Visualizing Global Gold Production By Region

RFK Jr. About to DROP the Tylenol–Autism BOMBSHELL & Trump tweets cryptic vaccine message

Elon Musk Delivers Stunning Remarks At Historic UK March

Something BIG is happening (One Assassination Changed Everything)

The Truth About This Piece Of Sh*t

Breaking: 18,000 Epstein emails just dropped.

Memphis: FOUR CHILDREN shot inside a home (National Guard Inbound)

Elon Musk gives CHILLING WARNING after Charlie Kirk's DEATH...

ActBlue Lawyers Subpoenaed As House GOP Investigation Into Donor Fraud Intensifies

Cash Jordan: Gangs EMPTY Chicago Plaza... as Mayor's "LET THEM LOOT" Plan IMPLODES

Trump to send troops to Memphis

Who really commands China’s military? (Xi Jinping on his way out)

Ghee: Is It Better Than Butter?


ObamaNation
See other ObamaNation Articles

Title: Black appraisers call out industry's racial bias and need for systemic change
Source: Yayoo/NBC News
URL Source: https://www.yahoo.com/news/black-ap ... ndustrys-racial-191500679.html
Published: Jun 7, 2021
Author: Safia Samee Ali
Post Date: 2021-06-07 19:54:00 by Dakmar
Keywords: None
Views: 392
Comments: 4

Safia Samee Ali Mon, June 7, 2021, 3:15 PM

It didn’t sit well with Michael Tidwell when an appraisal report he submitted for a large commercial property in a predominantly Black neighborhood in Los Angeles was rejected by a bank reviewer who insisted the lot was valued too high.

Tidwell, a Black appraiser who is also a valuation and advisory director at the global real estate services firm Cushman & Wakefield, said it took months of back and forth, with the issue getting escalated to the bank’s top brass, before they ultimately agreed with his initial assessment.

“The reviewer didn't respect the community because he felt like, ‘Oh, it's a Black neighborhood. It's crime-ridden and violence and all of that. There's no way this place is going to be able to make money,’” he said. “It’s frustrating because even when you do your job or you may know the value of the community, somebody that's not from that community, a lot of times, they're not going to see the value.”


Poster Comment:

Free "music" at all hours, whether one wants to listen or not, does not really add much value. Same for collecting empty 40oz glass bottles, used diapers, fast food wrappers, and spent shell casings, the time and energy spent removing them from my yard far ouweighs any recycle value.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 3.

#1. To: Dakmar (#0)

more from idiotic story of day source

The study found that from 1980 to 2015 homes in white neighborhoods appreciated almost $200,000 more than comparable homes in similar communities of color.

A different study by the Brookings Institution in 2018 found that in the average U.S. metropolitan area, “homes in neighborhoods where the share of the population is 50 percent Black are valued at roughly half the price as homes in neighborhoods with no Black residents,” and that there is a level of “implicit bias” in an individuals’ perception of members of an oppressed class. The study also found that the “value of assets — buildings, schools, leadership, and land itself — are inextricably linked to the perceptions of Black people.”

lod ~ if all my properties could be valued at ZERO, I'd be thrilled! That would mean I'd pay nothing in property taxes, a savings of some 46+K/year.

For this particular story, however, it could be an inflated valuation scheme to take the money and run, but I don't know that for fact.

Lod  posted on  2021-06-07   21:56:30 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Lod (#1)

The study found that from 1980 to 2015 homes in white neighborhoods appreciated almost $200,000 more than comparable homes in similar communities of color.

As a former contractor, I certainly don't understand that. How stupid can folks get? Shoot me Loddy.

Esso  posted on  2021-06-07   22:10:25 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Esso (#2)

Yeah, Lyndon forgot to include lawn care and daily trash removal in the great society program.

Lod  posted on  2021-06-07   22:25:09 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

        There are no replies to Comment # 3.


End Trace Mode for Comment # 3.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]