Echos endure. “Redlining” led to the idea of “prime” and “subprime” lending. Unrelated to the “prime rate” of interest, borrowers themselves were classified “prime” and “subprime” by where they lived. Source: @nfergus masterful 2009 documentary and 2008 book, The Ascent of Money.
50 years ago Congress passed the #FairHousingAct to tackle institutionalized discrimination and redlining practices in cities across the country. Today, where you live still effects the chances of a child graduating high school, going to college and finding a good-paying job.
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Yeah, they do. The neighborhood I have lived in was redlined for a long time. (It was mostly hispanic)
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The macro economics of the app industry should be regulated so that it will not feel like slavery I drive for Uber and I feel like a slave when a company makes 450 to 560 a trip and I make three dollars I am their slave
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So,how many run down and abandoned houses did that create?
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