Inequality in the Housing Market

The video discusses the undervaluation of homes in Black neighborhoods, highlighting a $156 billion loss in equity. Andre Perry, author of 'Know Your Price,' explains the historical and systemic causes of this disparity, such as redlining. He suggests policy changes, including microloans and new credit systems, to address these issues. The video also explores the role of technology and the need for diversity in appraisals and programming. It emphasizes the economic and social impacts of undervaluation and suggests direct investments in people to combat gentrification.

What historical factors contribute to the current housing disparities faced by Black communities?

What are the broader economic implications of the $156 billion in lost equity in Black neighborhoods?

How can direct investments in individuals help mitigate the effects of gentrification?