Single policy fixes cannot overcome the market’s current racial bias.
Evidence
But as we’ve seen with the declining mortgage interest deduction, a single policy change isn’t enough to shift the fortunes of black families. Luck and strategy paved the way for black homeownership in generations past, and unfortunately, they’re still a requirement for the type of black homeownership that leads to wealth building. To dismantle the system means fully acknowledging the racist past that shaped today’s real estate market—but it also requires each of us, black and white, to confront the market’s racist present. — Dorothy A. Brown, The Whiteness of Wealth, 249
Categorization
- XREF: connects to: Market theories fail to account for racial stratification. — Michael Omi, Howard Winant, Racial Formation in the United States, 69; Wealth alone cannot overcome racial bias in healthcare delivery. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 418; Individual policy reforms cannot dismantle a saturated racial wealth system. — Dorothy A. Brown, Getting to Reparations: How Building a…, 1305 (+6 more)
- yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Market theories fail to account for racial stratification. — Michael Omi, Howard Winant, Racial Formation in the United States, 69; Wealth alone cannot overcome racial bias in healthcare delivery. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 418; Individual policy reforms cannot dismantle a saturated racial wealth system. — Dorothy A. Brown, Getting to Reparations: How Building a…, 1305 (+6 more)