P.A.R.C. Mag Issue # 5 - Page 84

That is an injustice. I bet the people on the rich side would like to look across the street to find an equally rich side near them or at least a decent one. Well, businesses that practice this never give the other side a chance, because they don’t think about the collateral damage.

(^Source 1: Link: https://www.nytimes.com/2015/10/31/nyregion/hudson-city-bank-settlement.html?_r=0 Website: www.NYTimes.com

Company: The New York Times Author: Rachel L. Swarns Date Written: 10/30/2015 Date Accessed: 3/1/2017 Title: Biased Lending Evolves, and Blacks Face Trouble Getting Mortgages)

After seeing an article like that in such a popular newspaper you would think that it would enlighten companies to keep a special watch on such faulty business practices, but the very next year the Washington Post published an article titled: “Redlining: Still A Thing." The title is enough to make you wonder what it would take for businesses to have a change of heart, certainly, the Department of Housing and Urban Development ponder these things because the Fair Housing Act in 1968 surely didn’t work for everyone.

There are parallels in life. There are laws like not stealing, and not hurting people but those laws are still broken, just like these laws for businesses. People who are convicted of crimes have it harder in life, even in something as productive as finding a job. Sure, businesses have fines to pay, but there should be more effective solutions. Anyone can say that people are overdoing it with being politically correct, or searching for equality, but people forget that these things affect everyone and not just the victims. Just because you do not see the effects immediately doesn't mean that it is justified. Consider this quote from the Washington Post:

If your family was denied a mortgage in the 1930s, 1950s, or the 1970s, then you may not have the family wealth or down payment help to become a homeowner today.

In conclusion, I want you to think about America today, the economy and how it is right now. Think about a percentage of people. It can be people that you know and people that you don't know. Ask yourself if it's a normal thing for someone to buy a house today? Do most of your friends have houses? How about your family? Are there a lot of homeowners out there? Is it a normal thing for you to hear that someone purchased a home? Or, is it a major accomplishment, a task you don’t expect to achieve? If your thoughts lean towards renting, staying with your parents, and things like that, then you can see the effects of redlining. If you are fortunate enough to find it easy to know that you are getting a home soon, I congratulate you and then ask you to consider the people you know and the people you see around you. Are they also fortunate? If not, should they be at least given the opportunity to be? Of course, everyone deserves a chance for the American dream.

(^Source 2: Link: https://www.washingtonpost.com/news/wonk/wp/2015/05/28/evidence-that-banks-still-deny-black-borrowers-just-as-they-did-50-years-ago/?utm_term=.16a73cd6d186 Website: www.washingtonpost.com Company: The Washington Post Author: Emily Badger Date Written: 5/28/2015 Date Accessed: 3/1/2017 Title: Redlining: Still A Thing)