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Real Estate
Reply to "Interactive map of racial covenants in Northern VA"
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[quote=Anonymous]White neighbors became segregate a large part due to “block busting”. Shady realtors world place a black family on a white block then start going door to door dating neighbor is changing get out while you can. Home prices would start to plummet and white peers would sell quickly and cheaper and cheaper while realtors would collect commissions My block got a double block buster when little. My parents stayed way longer than we should but we were renters. The first set of black families were nice middle class people married people with kids, bus drivers, cops and garbagemen. But as the prices continued to escalate down very quickly they also got out By 1973 we had crack heads in hallway, needles everywhere, gun fire in middle in night. Stolen cars, cars very piece of brass and copper stripped from buildings and bars up on all windows. Mind you neighbor hood 100 percent white in 1968 to almost 100 percent minority by 1976. The block busting hurt everyone, it actually hurt the black buyers worse. But it also hurt the white sellers as they sold at a discount and the “safer” area could only afford a tiny place or nothing at all. My old neighborhood started getting gentrified in 2006. But the people who sold in 1976 at a huge fire sale are long dead. They never lived to see it. [/quote]
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