What a great article. Thanks so much for sharing it! This part really jumped out at me…
The Pew Research Center reported in 2017 that the Great Recession of 2008 “triggered a sharp, prolonged decline in the wealth of American families, and an already large wealth gap between white households and black and Hispanic households widened further in its immediate aftermath.
…because of a recent report with examples of how AI has been used against BIPOC. It shows that this was by design (at 6:55) :
If their timing is unlucky and they buy just before a recession that throws them out of work, they can end up with an unsellable house valued at less than what they paid for it. Then the foreclosure sign goes up in their front yard. When a house is no longer an option, they endure the hell of competing to find an apartment—which might rent for as much as or more than the monthly payment on the mortgage they can’t get.
[Emphasis mine - that’s not always true as the link below explains, for many people it costs less money to rent than to buy.]
Foreclosures are increasing again, too. News about evictions tends to overlook that point:
This one has a chart that reflects just how bad things were during the Great Recession, and a significant percentage of people never recovered from that:
In the Housing Crisis topic, we’ve discussed increases in corporate and NIMBY attacks against existing lower-cost options like mobile/manufactured homes, tiny homes, and RVs. We’re seeing more progressive press outlets sounding the alarm, at the same time major outlets are fueling inter-generational divisions instead of following the money and identifying the real causes of the problem.
The exposure of systemic racism and other inequities is not only a concern because those cases are rarely redressed, but also because it’s proof of a well-established playbook that can be used against other marginalized groups:
African Americans and other minorities were not uninterested in obtaining homes and mortgages; the government actively blocked them from doing so.
I’m having a hard time thinking of Black communities created (despite all the hurdles set up by government, banking, and insurance organizations) that weren’t subsequently targeted for disruption or destruction by highways, parks/lakes, toxic waste/manufacturing plants, or supremacists (all separate links 
).
