B-San said:
After slavery, it was sharecropping... segregation... and - Red Line Districting
Red line districting took place at the end of WWII... In addition to the WASPs (White Anglo Saxon Protestants), the banks gave mortgages to the Irish and Italian GI's so they could move from the inner-cities to the burbs (basically they got let in to the white club)... that is when the vacuum in the inner cities was filled by blacks... once the banks were running low on WASP and Catholic clientele, they began allowing a few black GI's to receive mortgages..
Redline districting basically stated that having blacks in the neighborhood would lower the property values of surrounding houses... white flight ensued... the banks designed a system to keep blac folks in debt/poor by refusing to approve businesses loans...
Lack of business = poverty = increase of crime... as crime went up, the black families that wanted to move out were given bottom dollar for their houses, which in turn were sold to the next black family for as high as possible...
keep everybody in debt and top that off with a dash of dope for added drama...
that is how the hood (CA's top three for example: Compton, Oakland, Richmond) was created...
Red line districting took place at the end of WWII... In addition to the WASPs (White Anglo Saxon Protestants), the banks gave mortgages to the Irish and Italian GI's so they could move from the inner-cities to the burbs (basically they got let in to the white club)... that is when the vacuum in the inner cities was filled by blacks... once the banks were running low on WASP and Catholic clientele, they began allowing a few black GI's to receive mortgages..
Redline districting basically stated that having blacks in the neighborhood would lower the property values of surrounding houses... white flight ensued... the banks designed a system to keep blac folks in debt/poor by refusing to approve businesses loans...
Lack of business = poverty = increase of crime... as crime went up, the black families that wanted to move out were given bottom dollar for their houses, which in turn were sold to the next black family for as high as possible...
keep everybody in debt and top that off with a dash of dope for added drama...
that is how the hood (CA's top three for example: Compton, Oakland, Richmond) was created...