Appraisals. Let’s Talk.

What is happening? The NY Times published an article about how a college professor who studies housing discrimination had his house appraised and received an appraisal of $472,000. This Black professor then asked a white professor to stand in as the home owner and he removed anything from the home that indicated that a resident was Black. The new appraisal? $750,000.

Why is this important? Maybe I take this one personal, because appraisals differ if I am the person present or my spouse is, for the same reason, the difference in our skin tones. This is ridiculous.

How will this be important? There’s pending litigation in this instance, but there is a systemic problem if we cannot value inanimate objects without bias against the owners.

@nytimes