Reply to It's (finally) time for reparations. It's time for the US to pay its debt.

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Reply to "It's (finally) time for reparations. It's time for the US to pay its debt. "

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[quote=Anonymous][quote=Anonymous]I am okay with cash payments, but they may not achieve the goal of closing the wealth gap.

It sounds like the real solution is to help African Americans build wealth. For most Americans, their home is the primary source of wealth. Governments should develop policies to raise home values equitably so more diverse neighborhoods see the same appreciation as whiter neighborhoods. And governments should subsidize and facilitate home purchases instead of providing low-income rental housing.

For example, a county or city could set up a program where it would pay market value for homes and sell to eligible individuals and families. This would be easy for sellers who don't want to deal with staging or marketing their homes, plus no real estate commissions, and it would not carry the same negative aspects of designated low income housing.

Also cities should stop artificially depressing home values (often in minority neighborhoods) under the guise of allowing homeowners to stay in their homes. Sure they can stay, but they are not building wealth.

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Great ideas that should be considered. 
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