- Joined
- May 1, 2013
- Messages
- 119,651
- Reaction score
- 75,588
- Location
- Outside Seattle
- Gender
- Female
- Political Leaning
- Independent
1. No, blacks and latinos should not be taught that a bank is more apt to "push" a subprime mortgage on them, because that's not true. .
2. My black neighbor, my Venezuelan neighbor and my south Asian (Indian) neighbor's homes have the same per square foot value as my home. So, no, I wouldn't teach the false narrative that when a minority owns a home it's worth less the same home owned by a white person. And, equity depends on how much of your mortgage you've paid off, and how much you owe compared to your homes estimated value. It doesn't have to do with race.
3. No, it would not be helpful for them to know false things. What is helpful for them to know is reading, writing, maths, sciences, literature, poetry, art, physical education, home economics, personal finance, drafting/drawing, etc. etc.
4. I don't know what a "white sounding name" is, since I'm not a racist. Jackson? Jefferson? Washington? Douglas? King? Coleman? Chisholm? DuBois? Smith? Jones? I grew up with a name that for some reason people routinely mispronounced, and I was even teased about it in those pesky school age years.
White kids shouldn't be taught that, because it's false. And even if it was true, why would you want to teach that to a little kid?
No, it's not too much diversity - it's too much bullshit.
Google it, there are tons of links. Here's one:
How We Investigated Racial Disparities in Federal Mortgage Data – The Markup
Even after including factors the mortgage industry said explain differences, lenders are still more likely to deny people of color than White people under similar financial circumstances
themarkup.org
And they've done set-ups where black and white couples, exactly with all the same credit, incomes, etc went to get loans and there were big differences in the loan rates and even being qualified at all.