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mopinko

(73,909 posts)

27. when i 1st moved to the city, it was to a hood that was just flipping.

Reply to Hugin (Reply #25)

Sun Dec 5, 2021, 12:36 PM

Dec 2021

it was ugly. one reason i landed where i did was because i thought the diversity = stability.
and it has slowly climbed. '08 hit hard, and we are just now getting back to values of those days.

pretty much every building on my block has had some work done since i have been here. lots of big rehabs.

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Highlight:

Black couple 'erased themselves' from their home to see if the appraised value would go up. It did.. [View all] Nevilledog Dec 2021 OP

I wish I could say I am surprised. iemanja Dec 2021 #1

:) You really should be. This nasty appraiser hung his own ass Hortensis Dec 2021 #28

This message was self-deleted by its author left-of-center2012 Dec 2021 #2

Two appraisals in the exact same neighborhood, same house, $500,000 difference. yardwork Dec 2021 #7

I don't need to read it again left-of-center2012 Dec 2021 #8

Of course you don't. yardwork Dec 2021 #11

People were willing to pay more if they thought it was owned by a white person JI7 Dec 2021 #9

it's nowhere near as scientific as they like to claim. mopinko Dec 2021 #10

Like what? yardwork Dec 2021 #12

couple things- condition and style. mopinko Dec 2021 #15

The exact same house, appraisals one month apart. yardwork Dec 2021 #17

nothing in the house changed, the appraiser did. mopinko Dec 2021 #18

My question is whether it was the exact same person doing the appraisal. Hugin Dec 2021 #21

no. it wasnt. mopinko Dec 2021 #22

Thanks for answering my question. Hugin Dec 2021 #23

i think it happened when i bought my house. mopinko Dec 2021 #24

I can see where that is evidence of systemic bias. Hugin Dec 2021 #25

when i 1st moved to the city, it was to a hood that was just flipping. mopinko Dec 2021 #27

Black neighborhood is overstating a bit Sympthsical Dec 2021 #16

yeah, a mixed hood, and you can see someone wanting to keep another black family out. mopinko Dec 2021 #19

No Racism erpowers Dec 2021 #3

There are at least two posters in this very thread who can't seem to see this. yardwork Dec 2021 #13

That is absolutely gross. And (white) people think red-lining doesn't exist any more. Hekate Dec 2021 #4

This is where the disconnect happens. LiberatedUSA Dec 2021 #5

K&R ck4829 Dec 2021 #6

This happens A LOT. K&R. WhiskeyGrinder Dec 2021 #14

Not surprising, actually. Real estate appraisals are, but should not be, MineralMan Dec 2021 #20

For those wondering how a black owner can make a white neighborhood a black neighborhood. Hassin Bin Sober Dec 2021 #26

It seems it has to be more specific to owner than to neighborhood dsc Dec 2021 #29