Tuesday, June 8, 2021

Black appraisers call out industry's racial bias and need for systemic change

… Racial-based appraisal bias is a well documented and pervasive issue that has long contributed to the rising wealth gap for Black families, and much of it has been driven by "historical racialized appraisals that influence contemporary values and appraisers' racialized assumptions about neighborhoods to drive appraisal method," according to a study published in the journal Social Problems...


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