Emily Badger shows that blacks were indeed getting loans and they were not very good loans in the run up to 2008. They were more likely to be denied than whites and to be subprime, but blacks have been able to get mortgages and don't forget a mortgage is only one form of loan. There are MANY types of loan be it a car loan, credit card, pay day lender, pawn shop.I am talking about pre 2008, Tito. Many loans were given to people who couldn't really afford them when the tide turned. I don't really approve of loans and only do it myself if I know the risk is tiny. I would have never agreed to the kinds of mortgages people were choosing and banks were preadting with, but that is me.Master, why on earth have you liked this post? It is full of nonsense.[But you still get the job. You still get the loan. You still get the house. You still get the car. You can still travel anywhere in the world and racially speaking you'll have zero problems.
So tell me how is AJs alleged racism affecting whites ?
Plus I find this ironic when race is more important than money to many whites. I'm pretty sure you know that whites will hire whites with a criminal record than black ppl who are clean.
I'm pretty sure you know that.
If black people produced a car, most whites would not buy that car, no matter what. Lets just start talking real.
Most ppl were rooting for Fury anyway.
Before the 2008 crash plenty of black people and indeed white people, who really should not have been getting loans, did indeed get their loans. And what happened? It crashed the economy. We should not give loans easily to people.
Also, what is this thing about getting a job? Dennis you have said several times that you do well, so who exactly is denying you this mysterious job? Have you lost the job?
Do you honestly think people think about who made the car? I am sure plenty of black people work in car factories and people still buy the car. If you want a black car company then maybe a black person could set one up. I would buy it if it was affordable and efficient, but please no bling as that is distasteful.
The part about the car was nonsense. The part about the houses and loans is all too real.
You need to re-examine your views, Miles.
Restrictions were put on house ownership in many U.S. cities which kept blacks from owning homes..... and many of these restrictions persevered well into the 20th century.
Why do you think blacks traditionally occupy the worst neighborhoods? Why do you think the percentage of home ownership by blacks is so low as compared to whites?
As much as some would like to bury the past and pretend it never happened....... it's not possible.
People could get loans but they were unfavorable. Now there I would point out what I would call racism, but blacks could indeed get loans, but they wouldn't be good one's. I am not sure why an income of 200 grand a year would even need a loan, but again that is my mentality as I am good with money. I would just save for a few years and buy within my price range, but people and their 20 year mortgages.
It was a factor for sure and the issue was people taking on loans that were not good loans. You need to read the small print. Banks were very naughty. Not just homes but many kinds of loan. Not a fan of loan culture myself.
https://www.citylab.com/equity/2013/...ing-boom/6559/
I think we're going off on a tangent here. Denilson's point was the historical disparities in home ownership between blacks and whites. Much of this is due to restrictions on deeds which existed in the books until well into the 20th century. This is a major factor in the horrific disparities we see today. Much of the segregation still existing in U.S. cities is due to factors such as these. This has nothing to do with favorable and unfavorable loans and banks being naughty. "Blacks could indeed get loans"? Sorry... history doesn't back you on that.
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