Good Morning My Neighbors

Getting your Trinity Audio player ready...

President Trump has said that he is going to eliminate President Obama’s 2015 Affirmatively Furthering Fair Housing rule.

The President took to Twitter to tell Americans that their “Suburban dream” would be more secure now because low-income housing would no longer be a requirement in any given neighborhood.

“There will be no more low-income housing forced into the suburbs. … It’s been going on for years. I’ve seen conflict for years. It’s been hell for suburbia,” he said.

This Tweet comes 6 days after the Housing Authority already has been revoking the Fair Housing rule. We just didn’t know about it until the President shined a spotlight on the controversial move.

Many have called this a classist statement which veils racism. Remember that the President has been sued along with his father’s real estate company for discriminatory practices in housing. So these ideals might ring familiar. Why are we so afraid of poor people, after all? Why not just let the free market price out anyone who can’t afford skyrocketing costs of living? Why not just let the perverse market, based on political sentiment, single demographics, and stock market sentimentality, continue to determine the price of housing? Why not price out undesirables to the point of no return? Why bother to offer affordable housing to anyone not able to land a suburban home in a white neighborhood? Why not blockbust in order to keep scary dark-skinned people away?

Is this 1962? Wait, what am I doing in an email?

Share this article

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top