RE: Funny thing is even the article cited stats that blacks and
Posted on: January 20, 2017 at 16:08:43 CT
justwinbaby KC
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i've seen studies, forgive i can't link, that are based on mortgage loans. Blacks by a percentage spend short of their income, favoring neighborhoods in the lower bracket. Whites spend over their income.
We could come up with a lot of reasons. i think it's because they feel safer there. it could also be that when HUD houses pop up, your value drops.