The Truth About Redlining and How It Has Widened The Wealth Gap

When you turn on the news or look outside, you can see how the world is changing every day. The BLM movement is supercharged more than ever and raising awareness, fighting for change, and laying the groundwork for a better, brighter, and most importantly, anti-racist tomorrow.

We’re moving past historical notions of race, and in the process, we’re unpacking some of those harmful ideas to see how we’re outgrowing them as a country and why we can never go back to them again.

In this episode of the His & Her Money Show, Linda Gartz joined us live for some conversation about something that’s a little bit less talked about: redlining. Whether you’ve heard of it or not, redlining was once a hot topic in segregated America.

As Linda describes, if an African-American family – or, to a lesser extent, other races or nationalities – moved in a neighborhood or even an apartment, the entire neighborhood would be suddenly ineligible for loans.

Growing up on the west side of Chicago, Linda witnessed the cause and effect of systemic racism and redlining firsthand. And after uncovering her mother’s diary entries, she decided to dig deep and learn as much as she could about redlining, how it’s affected us in the past and how it still affects us today, and then she packed all of that knowledge and information into her brand new book, Redlined: A Memoir of Race, Change, and Fractured Community in 1960’s Chicago.

In this episode, Linda breaks down the history of redlining and her own experiences, reflecting on the aftermath of Martin Luther King Jr’s assassination in her own childhood neighborhood and bringing forward the parallels between then and now. The Fair Housing Act ended official redlining but it’s still so relevant in today’s climate, and this is a chat you will NOT want to miss. Check out Linda’s book for more and keep the conversation going!

What You Will Learn

  • Breaking down redlining
  • The importance of peaceful protests and the negative effects of protesting
  • Linda reflects on how she witnessed segregation in the 1960s
  • A recap of discrimination in housing
  • Moving forward from segregation and racism

Resources Mentioned

Thanks For Listening!

Thanks for tuning in to us on The His & Her Money Show. If you have any comments or questions about today’s episode, let us know your thoughts in the comment section. If you’ve enjoyed this episode, please share it using the social media buttons at the bottom of the post.

 




Search
Please visit Appearance->Widgets to add your widgets here