Minorities faced greater harm in mortgage scandals

University of Minnesota Law School professor Myron Orfield has led research in the Minneapolis and St. Paul area that has showed that minorities face greater challenges from the mortgage scandals that were so prevalent in the last 6 years. Housing segregation not only hurts black and Latino and Asian families very badly," Orfield said, "but it also hurts communities." Unfair housing practices involve steering black and Latino families toward certain neighborhoods as well as steering white families away from them. "Over time, prices decline and black and Latino families lose their equity," Orfield said.

This video is part of the Expert Perspectives series at the University of Minnesota.

Category:

News & Politics

Tags:

• University
• of
• Minnesota
• Law
• School
• Housing
• crisis
• predatory
• lending
• mortgage
• scandal
• minorities
• home
• buying

[johnielsen08]

Scary comments on this video.

[deroboi]

Maybe it has something to do with the fact that minority groups typically aren't as wealthy too (among other things).

Enjoy living in your academic fantasy world, Professor Dingleberry. In the real world things work differently.

Stop stroking the cock of Race Politics while you're ahead, its almost out of goo.

[jeabo0adhd]

Its not about their race. Its about their culture.

Black culture does not stress hard work.

Asian culture stress hard work.

White culture partly stresses hard work.

[NarpytheCrimeDog]

I am one who believes racism doesn't exist near as bad as many say, but I still believe that stereotypes exist and are universally believed, thus prejudice on such things is always followed, and that's completely unfair.