When I was buying my house, it blew my mind when my lender asked if my family couldn’t just gift me the down payment money, saying that gifts/loans of $50k to $100k weren’t uncommon from families of first-time homebuyers. That’s the 400-year head start we don’t have.
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If you actually give two shits or have any fucks to give about making a difference and care about Black Lives other than when accompanied by violent death, you will hear and feel the truth in that statement. Anything else is just apologism and whataboutism for white privilege.
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“There are no actions that black Americans can take unilaterally that will have much of an effect on reducing the racial wealth gap. For the gap to be closed, America must undergo a vast social transformation produced by the adoption of bold national policies, policies that...”
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“... will forge a way forward by addressing, finally, the long-standing consequences of slavery, the Jim Crow years that followed, and ongoing racism and discrimination that exist in our society today.”
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“Addressing racial wealth inequality will require a major redistributive effort or another major public policy intervention to build black American wealth.” Read this
@DukeU paper on the racial wealth inequalities in America. Read ALL of it. https://socialequity.duke.edu/wp-content/uploads/2019/10/what-we-get-wrong.pdf …Show this thread -
And then ask yourself if you’re willing to do what it takes to restructure this system. Knowing that doing so will certainly mean that the privileges you and your family enjoy will no longer be exclusive to you but accessible to all, for all and by all. Truly. Have a great day!
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The fact that ppl are trying argue the reality of your point is astoundingpic.twitter.com/XzeeueiTIl
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Tell me about it. Anything to erase the past 400 years like they didn’t happen. And to deny that it’s still happening and affecting our lives today.
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A 200 year history chronicling the rights of choice, vote, and education Vs one woman’s extraordinary fight and courage to do what any white woman would take for granted as opportunity?
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Thank you for this education. Spouse and I bought our house, our families gifted us 20 percent so we could avoid paying mortgage insurance. Meaning people who can’t do that are paying MORE money (falling behind again). I was today years old when I realized the racism in that.
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I too am open to learning the intricate and subtle ways it hides in plain sight.
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