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Real Estate
Reply to "Missing Middle middle finger -- seller insists on SFH restriction"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I totally get why he is doing it. To preserve the character of the neighborhood. Laudible. That said it is covertly racist. I doubt that he even realizes. [/quote] I missed the part of the listing that says that a black person cannot buy the house. Can you point it out?[/quote] That would be overtly racist. Covertly racist is when the effect disproportionately effects people of color even if the intent was otherwise. For example, public schools pursuant to federal standards require milk as the drink. Why? It’s not health, although milk has healthy components. It’s because the dairy industry lobbied harder than the orange industry. Did you know that less than 10% of white people are lactose intolerant, approximately 50% of black people are lactose intolerant and over 90% of Asians are lactose intolerant. I am presuming that the covenant is not intended as racist but it is rather indisputable that single family houses in will attract a higher percentage of white buyers than multi family in the same location. [/quote] Your argument only holds if the MM units were affordably priced. However, this SFH would be replaced with, at minimum, two units that would EACH sell for 1.2M. Look at ARL real estate for proof. [/quote] Why is this a problem? Fine, get a minimum of two luxury units. Two units entering the housing supply is a win in my book. [/quote]
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