“Black Americans are often unable to build wealth from homeownership in the same way their white peers are, in large part because home prices are generally set by the people who make up the majority of buyers: white Americans. White families typically prefer to live in predominantly white neighborhoods with very few or no Black neighbors. Homes in these neighborhoods tend to have the highest market values because most prospective purchasers who happen to be white find them most desirable.
Black Americans, on the other hand, tend to prefer to live in racially diverse or all-Black neighborhoods. Research has shown that once more than 10 percent of your neighbors are Black, the value of your home declines. As the percentage of Black neighbors increases, the property's value plummets even further.”
https://www.nytimes.com/2021/03/20/opinion/home-value-race-taxes.html
****How dare white people want to live around people who look similar, and share similar values, instead of crime ridden shitholes where they can be raped, robbed, and murdered! But wait, if they do move to said “diverse” areas, they are labeled evil oppressive colonial gentrifiers.****✊🏿🤡🌎
Who cares?
Homeowners should for one.
Just don't buy anything in a city and you are fine.