Reply to Is there modern White flight out of the suburbs happen in DC?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Reaction to seeing non-whites moving in

[img]https://media.giphy.com/media/l3vRcVLfmDQUl1F6w/giphy.gif[/img]

Try telling that to pretty much all the DC suburbs. Good luck because the stats don't bear you out.[/quote]
Check the stats in 5 years.
While the panic is very much real it does take some time to pack up and move ya know.

[quote=Anonymous]Anyway, hasn't anyone commented that white people are taking over formerly black neighborhoods in the district itself? [/quote]
There's a sight difference.  
The residents of formerly black neighborhoods didn't panic and evacuate.
More often than not they were displaced due to eviction, increased rent, housing expenses, or displacement by private action.[/quote]

If you had rents raised or evicted, you aren't really a resident, really more of a transient tenant. Owners have a stake in the community, renters are just consumers.  [/quote]

I'm glad you mentioned that because there's a bit of history there and its called "redlining," a practice of determining which neighborhoods to approve mortgages in and which to deny them.
From the 1930s through the 1960s, the FHA explicitly refused to back loans for African American home buyers — subsequently pushing many of them into declining and high-poverty areas.  
From there, some minorities were victims of predatory lending or they were relegated to renting and pushed out of homeownership entirely.
So getting back to your comment about "not really a resident, really more of a transient tenant" — that's bullshit.
The predominantly black neighborhoods where people are getting displaced out of their homes had residents who lived there for 40/50 years.  
Some were owners some were renters but they weren't transients.

However, because those black residents were often subjected to higher interest rates AND because higher interest rates make homeownership less affordable because they increase the amount of a borrower’s monthly income devoted to his or her mortgage payment AND because those homeowners did not see the same appreciation rates as homes in white neighborhoods AND because minority homeowners were disproportionately affected by the recession WHICH left many of those black residents owing more for their homes than their homes were worth...they get pushed out.

Now, when you couple that whole chain of events in conjunction with all the moves that usually happen prior to the actual displacement of the residents themselves — new owners buying up and closing down shops and business that employed many of the residents in those black neighborhoods thus putting them in the predicament where they can't work and thus can't pay their rent or mortgage — and you can see its a pretty streamlined process of how black people in those neighborhoods are being displaced.  
It's not pure chance or happenstance.
 
[img]https://media.giphy.com/media/2cuvGJy07zPfW/200.gif[/img]
[img]https://i.gifer.com/7MS1.gif[/img][/quote]

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