Ep. 6 – Movin’ On Up

Housing Segregation

On this episode of Broke-ish, Delina and Erika take Brokers on a history lesson on housing segregation and talk about how policies and practices influenced wealth and neighborhood dynamics today. There’s a price to pay if you live in a majority Black neighborhood and there’s a price to pay if you live in a majority White neighborhood. Real estate, wealth building, government ish…we’re talking about Movin’ On Up on this episode of Broke-ish.

Homework

  1. Find out what percentage of your take home income you’re paying for housing.
  2. Go back to the net worth homework that we know y’all all did and see what percentage of your net worth is attributed to the value of your home.

Receipts

The Color of Law: A Forgotten History of How Our Government Segregated America

Author: Richard Rothstein

Date: 2017

A ‘Forgotten History’ Of How The U.S. Government Segregated America (npr.com)

Interviewer: Terry Gross

May 3, 2017

New Deal: Relief, Recovery and Reform

Netflix: Explained – The Racial Wealth Gap (video)

The Case for Reparations (The Atlantic)

Author: Ta-Nehisi Coates

Date: June 2014

Restrictive Covenants

  • Corrigan v. Buckley: This ruling set the precedent upholding racially restrictive covenants in Washington; soon after this ruling, racially restrictive covenants flourished around the nation. (1926)
  • Shelley v Kraemer: The Equal Protection Clause prohibits racially restrictive housing covenants, and that such covenants are unenforceable in court. (1948)

Joint Center for Housing Studies of Harvard University: State of the Nation’s Housing (Harvard University)

Date: 2017

The Racist Housing Policy That Made Your Neighborhood (The Atlantic)

Author: Alexis Madrigal

Date: May 22, 2014

Why Blacks and Hispanics Rely On Their Homes for Their Wealth (zillow.com)

Author: Aaron Terrazas

Date: September 29, 2017

1 in 7 white families are now millionaires. For black families, it’s 1 in 50. (The Washington Post)

Author: Tracy Jan

Date: October 3, 2017

A minimum-wage worker needs 2.5 full-time jobs to afford a one-bedroom apartment in most of the US (Business Insider)

Authors: Hillary Hoffower and Andy Kiersz

Date: June 14, 2018

Fair Housing Act (history.com)

For black Americans, the real estate market that isn’t (news-press.com)

Author: Patricia Borns

Date: February 12, 2018

Sanders’s claim that the African-American community ‘lost half of their wealth’ in the Wall Street collapse (The Washington Post)

Author: Michelle Ye Hee Lee

Date: February 18, 2016

Home buying while black (The Washington Post)

Author: Danielle Douglas-Gabriel

Date: September 7, 2017

Leave a Comment