Blame Series Bonus: How Federal Policy Created America’s Fergusons
…0s and 1950s, but they were prohibited from purchasing them by FHA policy. Today, those homes sell for $500,000 or $600,000. We now have a law, the Fair Housing Act, which says that African Americans are free to live anywhere they want. They can live in Levittown, they can live in the suburbs of St. Louis. But it’s not an effective remedy to tell people that they can now move to neighborhoods that have become unaffordable, when they, or their pare…
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