In recent years, the term “redlining” has become shorthand for many types of historic race-based exclusionary tactics in real estate — from racial steering by real estate agents (directing Black home buyers and renters to certain neighborhoods or buildings and away from others) to racial covenants in many suburbs and ...
What is an example of redlining?
While the best known examples of redlining have involved denial of financial services such as banking or insurance , other services such as health care or even supermarkets have been denied to residents.
What is the best definition of redlining?
Redlining is the illegal practice of refusing to provide financial services to consumers based on the area where they live .
Does racial steering still exist?
“Steering may not always be as overt as it was years ago, but it still exists , it just takes on different forms,” Thompson says.
What is the connection between redlining and gentrification?
Redlining also creates conditions for gentrification, which results in changes to the characteristics of neighborhoods and ultimately has mixed effects on the health of residents .
What is the purpose of redlining?
The original purpose of redlining was to prevent further financial disaster in the wake of the Great Depression . Federal lenders wanted to create stability in the housing market, so they blocked off certain neighborhoods where borrowers were supposedly more likely to default on their loans.
What is redlining easy?
Redlining is the discriminatory practice of denying services (typically financial) to residents of certain areas based on their race or ethnicity . Under fair lending laws, these factors cannot be used for making lending or underwriting decisions.
What are race covenants?
Racial covenants were an alternative to racially restrictive zoning ordinances (residential segregation based on race), which the 1917 US Supreme Court ruling of Buchanan v. Warley invalidated on constitutional grounds.
What is redlining a car?
The redline refers to the maximum engine speed that an internal combustion engine is designed to operate without causing damage to any internal components.
Which definition best describes steering?
Steering refers to the illegal practice of directing a prospective homebuyer to or away from a neighborhood based on the presence or absence of protected classes.
Which is an example of steering?
Steering occurs, for example, when real estate agents do not tell buyers about available properties that meet their criteria , or express views about communities, with the purpose of directing buyers away from or towards certain neighborhoods due to their race or other protected characteristic.
What is home discrimination?
Housing discrimination is the illegal practice of discriminating against buyers or renters of dwellings based on race , color, religion, national origin, sex, family status or disability.
What causes housing inequality?
Housing inequality is a disparity in the quality of housing in a society which is a form of economic inequality. ... Housing inequality is directly related to racial, social, income and wealth inequality. It is often the result of market forces, discrimination and segregation . It is also a cause and an effect of poverty.
Why is gentrification bad?
Gentrification often increases the economic value of a neighborhood , but the resulting demographic displacement may itself become a major social issue. ... In addition to these potential benefits, gentrification can lead to population migration and displacement.
What is the most gentrified city in the US?
SAN FRANCISCO (KGO) — A new study claims San Francisco and Oakland are the most “intensely gentrified” cities in the United States. The National Community Reinvestment Coalition analyzed data from the U.S. Census Bureau.
Why is gentrification an issue?
Gentrification is a housing, economic, and health issue that affects a community’s history and culture and reduces social capital . It often shifts a neighborhood’s characteristics (e.g., racial/ethnic composition and household income) by adding new stores and resources in previously run-down neighborhoods.
