The racial gap in appraisals devalues homes owned by people of color
Explicit racial language was removed from the process of determining home values in the late 1970s, but a recent study found that a racial lens on appraisals still harms Black communities. On today’s show: How that gap is contributing to racial inequality. Also on the program: The Joe Biden administration announces a strategy to strengthen supply chains, labor and supply shortages are raising costs for consumers and Las Vegas is hosting its first major business convention since the pandemic.
