RT Documentary July 12, 2024
The government has to determine which zones is it going to insure and was known as is it not going to insure and it does that based on the racial makeup of neighborhoods. Neighborhoods that had a certain number of black president s what had literally red lines drawn around them on the map. And they wouldnt insure mortgages in those areas because they believed that the properties would not hold value the brain turned on a loan the risk. Banks take up that same practice they decided theyre not going to lend in those areas that meant that all these benefits that were flowing to potential homeowne...