JoeBama Says ‘Blacks and Hispanics Don’t Own Homes’ in Student Loan Forgiveness Speech!

[CardinalBacker]

6 minutes ago, Big girl said:

Lack of motivation?

That might not have been the best adjective, but the sentiment is spot on. 
 

Watch when they start accepting applications for public housing in Beaumont. There will be people lined up around the block wanting that subsidized housing. They all look the same, and they don’t look like me. You can’t aspire to live  for free and then say racism is the reason you don’t own a house. 
 

You can drive through any town and on “that” side of town you’ll find tons of abandoned houses where the occupants chose to live in public housing instead of buying and maintaining a home…. If you said to them “ok… you can pay $1000/month and own your own home or stay here in the projects for free… then hopefully get a section 8 apartment in a couple years” and very few people would take you up on the house. 

[Unwoke]

10 hours ago, CardinalBacker said:

That might not have been the best adjective, but the sentiment is spot on. 
 

Watch when they start accepting applications for public housing in Beaumont. There will be people lined up around the block wanting that subsidized housing. They all look the same, and they don’t look like me. You can’t aspire to live  for free and then say racism is the reason you don’t own a house. 
 

You can drive through any town and on “that” side of town you’ll find tons of abandoned houses where the occupants chose to live in public housing instead of buying and maintaining a home…. If you said to them “ok… you can pay $1000/month and own your own home or stay here in the projects for free… then hopefully get a section 8 apartment in a couple years” and very few people would take you up on the house. 

I am just curious as to when they’re going to have the Mortgage Loan Forgiveness Act.😁

 

[Reagan]

[Big girl]

12 hours ago, CardinalBacker said:

That might not have been the best adjective, but the sentiment is spot on. 
 

Watch when they start accepting applications for public housing in Beaumont. There will be people lined up around the block wanting that subsidized housing. They all look the same, and they don’t look like me. You can’t aspire to live  for free and then say racism is the reason you don’t own a house. 
 

You can drive through any town and on “that” side of town you’ll find tons of abandoned houses where the occupants chose to live in public housing instead of buying and maintaining a home…. If you said to them “ok… you can pay $1000/month and own your own home or stay here in the projects for free… then hopefully get a section 8 apartment in a couple years” and very few people would take you up on the house. 

Are you saying that white people don't have subsidized housing? More white people own homes because of redlining not because blacks are lazy 

 

Redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms, such as predatory lending of subprime loans

 

[Big girl]

How many white people live in public housing?

 

Across all public housing, about 45% of residents are black while another third (32%) are white and a little over 20% are Hispanic.

[baddog]

3 hours ago, Big girl said:

How many white people live in public housing?

 

Across all public housing, about 45% of residents are black while another third (32%) are white and a little over 20% are Hispanic.

Then this assures me that Biden’s statement was racist. If you agree with Biden’s statement, you’re racist. I think it’s pretty pitiful for you to call anyone a racist…..ever.

Are you a product of “da hood”? If so, why don’t you live there now?

[CardinalBacker]

3 hours ago, Big girl said:

Are you saying that white people don't have subsidized housing? More white people own homes because of redlining not because blacks are lazy 

 

Redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms, such as predatory lending of subprime loans

 

No, ma’am. You’ve been lied to. 
 

You can ride through any town and in the historically black neighborhoods there are empty lots, abandoned houses, and sometimes just an old porch. 
 

Did redlining happen? Absolutely. That’s not the reason that blacks don’t typically own homes. We can discuss property values in minority neighborhoods any time you wish, but I don’t think you’d like it because sometimes facts hurt feelings. Black people are WAY over represented in public housing. That number should be closer to the 13% thats reflected by population. 
 

We could also point out that Hispanics are way UNDER represented in public housing. It’s cultural. That group is a lot like the majority of white people… willing to do whatever it takes to NOT end up in public housing. A large portion of the black population WANTS to live in public housing. Their idea of success is moving out of the projects into a section 8 apartment, and if it all goes well, maybe one day a section eight house. 
 

If you are born poor in America, stay poor your entire life, and die poor… you make bad financial decisions that have nothing to do with the color of your skin. 
 

They literally made up mortgage programs in the 90s to encourage minority home ownership by allowing people to buy houses with little to no money down. When people who didn’t qualify for traditional mortgages (because they were bad credit risks to start with)defaulted on their new loans, what did call it? “Predatory lending.” It’s so ridiculous. 

[CardinalBacker]

Also… having kids outside of marriage is a pretty good determinant of whether or not someone ends up in public housing. The need for public housing in the black community is largely caused by the rate of illegitimate births in that community, not “redlining.”