Rell Lauren
Banned
Lowering barriers is exactly how the mortgage crash of 2008 happened. A lot of people who had no business owning homes got access to subprime loans.
She also said this:
She also said this:
Do you know the in many Black communities - that we can't even afford to be there.
So, unless Kamala is giving away homes for free and paying property taxes -- this aint gonna work.
In one of the neighborhoods my parents own a few homes in - This one white man has come in and bought 8 land plots of torn down homes. He is now building 60K homes. Now, our rent averages $500-650 for a 3-4 bedroom HOMES with a garage - Section 8 - some not. Black people are not going to be able to purchase these homes he is building.
Historical redlining neighborhood.
i think you confused my point which was acts and laws don't specifically need to say "for black people" in order to benefit black people.
but to your example, she is proposing up to 25k for down payment for homes in those areas. we all know how home buying works by now, the more money put down, the less money you pay monthly. but damn bro, i don't know one black person that can't afford $650 for rent and if they can't its more of a personal problem than anybody else's fault lol
on the east coast you can't find anything that will go for 650 a month.Do you know in many Black communities - that we can't even afford to be there anymore
So, unless Kamala is giving away homes for free and paying property taxes -- this aint gonna work.
In one of the neighborhoods my parents own a few homes in - This one white man has come in and bought 8 land plots of torn down homes. He is now building 60K homes. Now, our rent averages $500-650 for a 3-4 bedroom HOMES with a garage - Section 8 - some not. Black people are not going to be able to purchase these homes he is building.
Historical redlining neighborhoods in Michigan. That was all once Black owned and beautiful.
This will get taken over by gentrifiers and corporations. Mark my words. You will see white folks buying homes in black areas
doesn't seem like that could happen under the proposal
- The grantee must be purchasing a principal residence.
- The grantee must have lived for at least the preceding 10 years in a historically red-lined community that remains low-to-moderate income.
- Grantee families cannot have an annual income of over $100,000 or $125,000 in high-cost areas.
Read more at Combatting the Racial Homeownership Gap | Kamala Harris For The People
- Grantee individuals cannot make over $50,000 or $75,000 in high-cost areas.
can we not mislead each other and make the typical conclusions for once. these points sound like it's specifically for the neighborhood people lol. a corporation wouldn't even qualify
Look at her face...she can't even take that dumb shyt seriously her damn self
All these butter biscuits she's handed out
again, doesn't seem as though he will qualify.This is cool -- but white folks will sit for 10 years - hence the white man I mentioned -- been there now three years -- he is the only white person in the neighborhood now.
He waiting. Hell let his kids get on.
But, anyway -- they will find ways to get in on this.