Thursday, December 09, 2021

Racist House Appraisal

It's a good headline, but of course, also incredibly misleading. Couple hides their race, house appraises for more, etc. 

Things to note:

1) House prices change. And things have gone up for anyone paying attention.

2) Staging in general matters 

3) Appraisals mean very little -- houses sell for what they sell for

4) If such disparity was a real thing, the easiest buck to make in the world would be white people buying black homes and flipping them. Are people doing this? Does anyone put any of the actors in the real estate world above this?

The news media is gaslighting our country. 

No comments: