Via Bill Moyers & Company: The practice of redlining made it - TopicsExpress

Via Bill Moyers & Company: The practice of redlining made it nearly impossible for most African-Americans in Chicago to secure mortgages in the 1960s. Contract sellers jumped in to fill the void giving eager first-time buyers an opportunity to purchase a home under miserable terms, which led almost all black families at the time to be evicted from their homes. In this clip, The Atlantics Ta-Nehisi Coates explains the rinse and repeat process of contract lending that relied on fear tactics to get white homeowners to sell.

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