Your Community Connection since 1994
Including Inglewood Airport Area • Baldwin Hills • Crenshaw/LA • Ladera Heights VOL. 24, No. 6
February 5, 2015
Selling a Home While Black
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uying a home in a nice neighborhood—often one with white neighbors—is a sign that a person of color has moved up the socioeconomic scale. Home ownership is the epitome of financial success and a source of wealth for most Americans, but when that wealth is lost, in the form of home equity, it can be difficult to build a lasting financial legacy. More blacks move into the middle class through home ownership. But what happens when the value of home property declines or you’re forced to sell for less? A study conducted by the Brookings Institution in 2001showed that the value of homes owned by blacks were 18 percent less than the value of homes owned by whites. An appreciation gap has been observed. Homes in neighborhoods that are predominantly black do not appreciate as much as those in neighborhoods that are significantly white. The gap occurs when the blacks in a neighborhood comprise more than 10 percent of its homeowners. The
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gap increases as the number of blacks in the neighborhood increases. Is race a factor in determining how much—or less—a black homeowner will get for selling their home? Multiple variables go into determining the asking price, such as prices of comparable homes in the area, size, condition, location, etc. But what about race? With all of the discrimination African Americans have to face, is race that much of an issue
with regard to home selling? TheRoot.com writer Jenn M. Jackson says yes. In her article, “How Selling a Home While Black Nearly Broke Me,” (Feb. 4, 2015) she connects the dots between getting no or low-ball offers and being black. Jackson’s Orange County, CA home in a predominately white neighborhood was not attracting its $500,000 asking price— even after making repairs, sprucing it up and making the home identity neutral.
By Thomas Bunn
• News • Entertainment • Health • Real Estate • Business
ith 92 reported cases of measles, which originated in Disneyland, state lawmakers announced Wednesday new legislation that would do away with exemptions from the mandate to vaccinate children before starting school. The action is an attempt to contain what has become a resurgence of the childhood disease which had practically subsided in the U.S. until recently. Exemptions based on religion or personal objections would be abolished if the new law passes. The legislation ap“By the end of summer, we plies only to children who athad several low offers and were approaching a deadline to move out of state. We had seen homes identical to ours sell for much higher than our list price. Homes that came on the market after ours sold within days. The only discernible difference was tend public or private schools; the race of the occupants. home-schooled kids are not More than one real estate addressed in the legislation. The measles outbreak has agent acknowledged that they couldn’t figure out an- brought back the old vaccine other reason for the house’s debate—personal liberty vs. (Continued on page 2) the public good. Should a parent’s right not to immunize against a potentially deadly disease override the risk of public safety? “There are not enough people being vaccinated to to students who are still un- contain these dangerous disdecided in their majors, and eases,” said Sen. Richard are looking to find employ- Pan (D-Sacramento), a pediment after graduation. atrician. “We should not wait Jullien believes that the for more children to sicken problem is that students of- and die before we act.” ten take the back seat in the Reasons for not vaccinatvehicles of their own lives ing children vary. Parents of and allow society or par- autistic children are among ents to drive them where the strongest opponents. they want them to go. The Flawed research that vacproblem with this is that cines for childhood disease (Continued on page 12) (Continued on page 2)
The Lost Generation?
On The Inside:
• Community
State May End Exemptions to Childhood Vaccination Mandate
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recently discovered a young brother who claims to have the formula for success. His name is Jullien Gordon, graduate of both UCLA and Stanford with a Master’s Degree in Education, who currently speaks at colleges and universities around the country. He talks
Jullien Gordon
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