An interracial couple had their home appraised.

The appraisal came in extremely low.

They tried again but this time had the only the white husband present & removed all pictures of the black wife & their interracial child.

The appraisal increased 40% https://www.nytimes.com/2020/08/25/realestate/blacks-minorities-appraisals-discrimination.html

Imagine how many BILLIONS of dollars of wealth was stolen from black people over the years due to racist low appraisals?

The value of Stephen Richmond’s home in a Hartford, Conn., suburb jumped after he removed family photos and movies posters, and had a white neighbor stand in for him during a second appraisal.

. @RealDLHughley’s bank flagged his appraisal because it came back at the same price he bought it for 3 years earlier.

“They were like, this has to be some kind of mistake because in order for your house to have come in this low; it would have to be in some level of disrepair.”

The House Financial Services Subcommittee report found that a home in a majority Black neighborhood is likely to be valued for 23% less than a near-identical home in a majority-white neighborhood; it also determined this devaluation costs Black homeowners $156 billion in losses.