Orphe Divounguy: Chicago’s next mayor should prioritize fairness in housing – Crain’s*

According to new Zillow research, the racial gap in home values has been shrinking nationwide. However, Illinois remains the ninth most unequal state when it comes to disparities in home values. Homes owned by the state’s white residents were worth roughly 33% more than homes owned by the state’s Black residents. The Chicago metro area is the 11th most unequal metropolitan area in the country by this same measure.
4 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Old Joe
3 years ago

Here’s a thought Orville; let’s work on marriage and fatherhood in the community for 2 generations. Then see if the community is better housed. Get back with us in 60 years.

debtsor
3 years ago

Ask any appraiser and this is fake news. Appraisers take a few pictures, plug the home’s characteristics into some computer software, and the program spits out a value. There’s no racism in the appraiser industry. Homes in minority areas are often, but not always, valued less than white areas because…people pay less money to live there. And they pay less money because….the prospective buyers have lower incomes. Additionally, higher home appreciation is NOT a good thing. A home is a place to live. It’s not a magical ATM that spits out cash every couple of years through a home equity… Read more »

Fullbladder
3 years ago

Let me tell you something Mr.Divounguy, the black community has ZERO desire for your advocacy of gentrification…ZERO.

ron
3 years ago

Would it be fair to place more white people in public housing or section 8 ?

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE