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Black CA couple's home appraisal value goes up $500K after changing family photos to a white family

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Saucycarpdog

Saucycarpdog

Member
Oct 25, 2017
16,311


The Austin family sunk $400,000 into renovating their home, but were stunned when they barely gained any value during the appraisal process. When they had a white woman pose as the homeowner, that all changed—by half a million dollars.
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Original story:
abc7news.com

Black California couple lowballed by $500K in home appraisal, believe race was a factor

The Austin family sunk $400,000 into renovating their home, but were stunned when they barely gained any value during the appraisal process. When they had a white woman pose as the homeowner, that all changed.
abc7news.com abc7news.com

Trying to get a home estimate while black.
 
TheYanger

TheYanger

Avenger
Oct 25, 2017
10,142
Isn't this a story from like a year ago? Or did it just happen again?

EDIT: Obviously new once I clicked, damn shit is so fucked
 
PancakeFlip

PancakeFlip

Member
Oct 26, 2017
7,918
nihilence said:
www.resetera.com

Mixed race couple DeBlacked their house, and gained 40 percent in value of the house. News

https://www.nytimes.com/2020/08/25/realestate/blacks-minorities-appraisals-discrimination.html Black generational wealth is non existent due to a thousand cuts like this
www.resetera.com www.resetera.com

Not the first time. Not the last time.
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The defense quote in the displayed thread's discussion doesn't make sense?

Many appraisers, both during the hearing and in the weeks after, defended their practice, noting that it is their job to report on local market conditions, not set them.

"Is there a problem with poor and underserved communities in the United States? Yes. Is it the appraisal profession's fault? No," wrote Maureen Sweeney, a Chicago-based appraiser in a letter to the House subcommittee following the hearing. "It's like blaming the canary for the bad air in the coal mine, or blaming the mirror for your bad hair day. Appraisers reflect the market; we do not create it."

It's basically just a round about way of saying "fuck you".
 
Beignet

Beignet

alt account
Banned
Aug 1, 2020
2,638
I really am grateful to be born white in this country, I truly am. What the fuck is wrong with people.
 
Chirotera

Chirotera

Avenger
Oct 27, 2017
4,269
PancakeFlip said:
The defense quote in the displayed thread's discussion doesn't make sense?

Many appraisers, both during the hearing and in the weeks after, defended their practice, noting that it is their job to report on local market conditions, not set them.

"Is there a problem with poor and underserved communities in the United States? Yes. Is it the appraisal profession's fault? No," wrote Maureen Sweeney, a Chicago-based appraiser in a letter to the House subcommittee following the hearing. "It's like blaming the canary for the bad air in the coal mine, or blaming the mirror for your bad hair day. Appraisers reflect the market; we do not create it."

It's basically just a round about way of saying "fuck you".
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Organized crime boss doesn't see problem with organized crime! HMMMM
 
Nepenthe

Nepenthe

When the music hits, you feel no pain.
Administrator
Oct 25, 2017
20,680
So what you're saying is that whenever I get my own property, I need to pull in one of my white friends for the weekend to stand in for me while appraising it?
 
Danby

Danby

One Winged Slayer
Member
Oct 7, 2020
3,014
PancakeFlip said:
The defense quote in the displayed thread's discussion doesn't make sense?

Many appraisers, both during the hearing and in the weeks after, defended their practice, noting that it is their job to report on local market conditions, not set them.

"Is there a problem with poor and underserved communities in the United States? Yes. Is it the appraisal profession's fault? No," wrote Maureen Sweeney, a Chicago-based appraiser in a letter to the House subcommittee following the hearing. "It's like blaming the canary for the bad air in the coal mine, or blaming the mirror for your bad hair day. Appraisers reflect the market; we do not create it."

It's basically just a round about way of saying "fuck you".
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Yeah, pretty awful of them.
 
Chopchop

Chopchop

Member
Oct 25, 2017
14,171
I swear I saw this exact story a few years ago.

Edit: Oh. Same shit, different day huh.
 
SquirrelSr

SquirrelSr

Member
Oct 26, 2017
6,015
PancakeFlip said:
The defense quote in the displayed thread's discussion doesn't make sense?

Many appraisers, both during the hearing and in the weeks after, defended their practice, noting that it is their job to report on local market conditions, not set them.

"Is there a problem with poor and underserved communities in the United States? Yes. Is it the appraisal profession's fault? No," wrote Maureen Sweeney, a Chicago-based appraiser in a letter to the House subcommittee following the hearing. "It's like blaming the canary for the bad air in the coal mine, or blaming the mirror for your bad hair day. Appraisers reflect the market; we do not create it."

It's basically just a round about way of saying "fuck you".
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"If we see a black person, we are tanking your appraisal."
 
Inugami

Inugami

Member
Oct 25, 2017
14,995
We had a near identical thread last year if anyone had any doubt about this happening regularly.
 
Dalek

Dalek

Member
Oct 25, 2017
38,911
I don't even understand the logistics of this. So if a black person was in your house it's unclean? You need David Duke to come perform an exorcism to drive up the property value?
74220006.jpg
 
Mammoth Jones

Mammoth Jones

Member
Oct 25, 2017
12,301
New York
Dalek said:
I don't even understand the logistics of this. So if a black person was in your house it's unclean? You need David Duke to come perform an exorcism to drive up the property value?
74220006.jpg
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When people are taught that black people are "less than" and "filthy animals" then idea of inhabiting the space of someone that's less than and filthy seems like a step down.

Also people generalize that black people are poorer so they feel more comfortable low balling us. "This is a lot of money for you"
 
steejee

steejee

Member
Oct 28, 2017
8,605
House Staging Checklist:

- Full Cleaning
- Tidy beds
- Remove kids toys
- Lock door to Sex Dungeon
- Replace artwork with 'Live, Laugh, Love' and 'It's Five O'Clock Somewhere' signs
- Replace family photos with stock photos of White people
- Put out cookies

I kid, but it's a pretty f'd up story.
 
Surakian

Surakian

Avenger
Oct 27, 2017
10,822
Dalek said:
I don't even understand the logistics of this. So if a black person was in your house it's unclean? You need David Duke to come perform an exorcism to drive up the property value?
74220006.jpg
Click to expand...
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The only thing that might have made the house even better than just having a white family "living" in it is if they had hung a confederate flag on the wall somewhere.
 
PancakeFlip

PancakeFlip

Member
Oct 26, 2017
7,918
Mammoth Jones said:
When people are taught that black people are "less than" and "filthy animals" then idea of inhabiting the space of someone that's less than and filthy seems like a step down.

Also people generalize that black people are poorer so they feel more comfortable low balling us. "This is a lot of money for you"
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So how does the appraisal business work? Do they teach people to do this? Does it attract a certain type of person?
 
Kasey

Kasey

Member
Nov 1, 2017
10,822
Boise
PancakeFlip said:
The defense quote in the displayed thread's discussion doesn't make sense?

Many appraisers, both during the hearing and in the weeks after, defended their practice, noting that it is their job to report on local market conditions, not set them.

"Is there a problem with poor and underserved communities in the United States? Yes. Is it the appraisal profession's fault? No," wrote Maureen Sweeney, a Chicago-based appraiser in a letter to the House subcommittee following the hearing. "It's like blaming the canary for the bad air in the coal mine, or blaming the mirror for your bad hair day. Appraisers reflect the market; we do not create it."

It's basically just a round about way of saying "fuck you".
Click to expand...
Click to shrink...
She's saying it's the home buyers who are racist. Like how MTV blamed their audience for their policy not to show videos by black artists in the 80's.

Like how every fucking racist passes the buck when their actions are criticized.
 
deimosmasque

deimosmasque

Ugly, Queer, Gender-Fluid, Drive-In Mutant, yes?
Moderator
Apr 22, 2018
14,183
Tampa, Fl
steejee said:
House Staging Checklist:

- Full Cleaning
- Tidy beds
- Remove kids toys
- Lock door to Sex Dungeon
- Replace artwork with 'Live, Laugh, Love' and 'It's Five O'Clock Somewhere' signs
- Replace family photos with stock photos of White people
- Put out cookies

I kid, but it's a pretty f'd up story.
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You kid but that is fairly accurate. Replace "It's Five O'clock Somewhere" Sign with a "Footprints" canvas or a "Bless this Mess" sign.
 
Grug

Grug

Member
Oct 26, 2017
4,644
More proof of whiteness being the "Easy - Just Want To Experience the Story Without Being Challenged" mode in the game of life.
 
Jeremy

Jeremy

Member
Oct 25, 2017
6,639
This is sad and unacceptable.

Generally speaking, though, isn't dumping $400k into your home not likely to result in > $400k in home value? I wonder how much the property itself went up in value since the last appraisal... Does anyone have a sense of what home improvements literally pay for themselves or more in an appraisal?
 
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