racism

Homes in Black Neighborhoods Are Routinely Undervalued by Appraisers, Studies Show

Carlette Duffy was trying to sell her home in Indianapolis, Indiana but was getting unsatisfying values at two appraisals. Then she removed photos from the property and had a white friend stand in for a third – and the value shot up. Andre Perry from the Brookings Institution explains the history of discrimination in housing and his research showing that Black-owned property is undervalued by 23%.