we'll see others bill who says. the government has to determine which zones is it going to be insured and which those is it not going to insure and it does that based on the racial makeup of neighborhoods. neighborhoods that had a certain number of black presidents but have literally brad lines drawn around them on the map. and they wouldn't insure mortgages in those areas because they believed that the property is would not hold the baby turned on a loan they said the. banks take up that same practice they decide they're not going to lend in those areas that meant that all these benefits the potential homeowners were flowing to whites and not going to minorities. going to racism into our ownership culture. problem its own problem is made most of them up and libel wimbledon don't know that we did not probably is going to work with them living 2 doors away so we passed a law in 1968 fair housing act it proclaims that fair housing.

is not a part. of life. given to nurses provide discrimination but to actually affirmatively go out and say how do we do. it so the government betrays. i find as i travel across the country that. we're talking about white americans or people who may be robot and other minority groups like the mexican americans the rest. just like the black americans everybody wants an equal chance to have a piece of the action that the federal government has never enforced the fair housing act and that state and local governments do. not enforced. you know you can

have federal policy but it's the local administration of these policies that often the black people receive discriminatory treatment hello my name is out on washington on call about the about an apostrophe in part of their. hello my name is graham wellington and i'm calling about the apartment around on park street from available. what is really so what does this mean it means the places that were segregated in the thirty's forty's and fifty's they're still racially segregated today because we haven't done anything to undo the racial segregation. of the town today is over 95 percent white very few minority families living there . when fix the damage that was done we just allowed all those inequalities to continue but said from this day forward we can't discriminate sell it and fix it all of these policies and practices these systems. federal government state

government and local government. they converge to sort of create concentrated poverty by the time we reach the fifty's and sixty's so that creates a situation where many urban areas you have like what george clooney would call you know chocolate cities in the little suburbs. they still call it the white house and that's a temporary visit. there's a lot of. we've got to get yeah every time i don't need to get. working on. a unit. you know review if you. feel. you. can trust him to tell you. there is no. gram a promise that

a president can't bake think that better the government's going to come in legally blonde and do this. listening to. the condition of black veterans and white veterans diverged even though when they return from the war they were economically similar families. public housing then became a black phenomenon. people who fall into this category they have to go where society is placed. it's. not in the nature. and people constantly. cities didn't adequately service neighborhoods that were heavily concentrated with african-americans garbage collection wasn't picked up as frequently streets were repair those well conditions deteriorated and the urban areas became slums. y'all

would like to rub america's nose in this is say you're going to get it you want to reject it. but i certainly would it would hate to think that anybody thought i said they were giving up hope what i'm really saying is the society has failed the hope of the people who live here and struggle you know that's what i'm really saying they're going to go on struggling anyway whether we fail or succeed. but the same time you have concentration you also have clearance you have how way structure which is destroying black communities always oftentimes in urban areas a built did in the middle of black communities so there's a sort of rising anger frustration that explains. well once they became so far these look at them and said well we need to do some slum clearance.

where are all those black people that all those bogey is where they go when they're up rooting out neighborhood beard messing with our unity it takes 10 years to really reach out they know what to do in a systematic genocide. systematic as well as african american families who were displaced had to move somewhere so those families were given section 8 housing vouchers the idea behind section 8 is fabulous it's exactly what one would hope is that people who are impoverished have an opportunity to move into neighborhoods that are not impoverished unfortunately for black americans it doesn't work that way. a large reason for that is you can still legally discriminate against someone for using a section 8 voucher so landlords and most suburbs would not accept section 8 housing factures and that's perfectly legal. white homeowners deathly afraid of

a black person moving next to them because black in this is associated with lower home values we share your presence in the neighborhood c c don't undermine the value of our own and we're concerned we'd like you to move out before it becomes common knowledge that there's a family in the area. it's nothing personal oh oh it never really is it was terse you know but i feel real that we grew up in philadelphia actually originally and we were in an all black neighborhood in my life changed when we moved to south jersey not far from some of the levittown type of neighborhoods and when we came in the police had to come in with us because people were throwing things at our house and terrorizing our house at night. and we moved there because we wanted a place that was integrated and we just wanted to raise our standard of living and it was the strength of my parents that said this is where we're going to be.

do you think moving here will affect the community as a whole. definitely in what way i think that well the property values well i mean to go down if they are allowed to move in here in any numbers do you think them are 11. i don't think. property. and i think you purely i would. not wrap them. well as a result of all these policies we created a segregated system and because we forgotten now this entire history of how it happened white families believe that they got where they are simply by their own hard work and determination to succeed in the middle class life. but they don't understand. is that their parents could have came as an immigrant from

a white country and immediately had access to loans and the ability to move into white neighborhoods that black americans whose families had been citizens for generations could not. and so it's not saying that their families didn't work hard but it is saying that their families benefit from a great deal of affirmative action to get where they are getting white americans don't see what it's like to live in these communities. and so because of that they are unable to connect with what it is like to be in these areas that have been deprived of every type of opportunity. now how do these communities get seen to they go for decades in these festering situations. in segregated communities that have been completely abandoned. and suddenly we see them only when they burn something. to.

condition that. even one admitting. to it is. very. bad luck. if we're to do something about the pain that faces no.

it shouldn't be that hard to understand why that becomes kind of the ultimate outcry because it's the only way that these clues become visible to most americans . seem wrong. to me to get to shape out just to get educated and in the game equals betrayal. when so many find themselves worlds apart. just to look for common ground. the maternity town the slums go in and you may never get out so those are the

people this is. my teenage gang rules here. are one of. them not at the minute. you were through with but. the navy will be. minus seeing her. in for the yeah. and melanie lead. someone. who.

i don't know anything. we're going to be able to i think. where is not on it but you can get him when he's going to say i'm going to pull out a number i want to get people. who want my little maple so one just a platter a mental image and you want to hear it to me when they were shown on the turn of. the people you know people of. 1956 when i came out here to farms i was 5 years old when i came here in 1000 for the night i came from the south bronx my father foresaw the future in that area. and we did he had a very outstanding career with the police to. they took them out of the south bronx for the benefit of the community when i 1st became policeman i was in a riot squad and a riot or any type of demonstration it was in the city i went to. mostly irish cops

on the job then and they were nasty in there tell you to move and you move you got to stick i mean there was and you didn't you didn't disobey protest when you want. to protest but you see guys. putting holes in hoses can't put out fires and that's just to businesses but to people. you have a right to protest but you don't have a right to do that. are you sick and tired of looking hop or yes when nothing you have a got out of when you out to achieve financial freedom it's pretty easy to do if you chose. it's so easy to make money that you stay and then claim to be a medium that by age 25. first feel and i'm going to do many more like this for millions of dollars. 71130 days. to.

leave you can do it to me when you waiting for your math one that is going right over here. now's the time to buy a home now is the time to buy. it at your feet. oh. good for mom. if you could for more. seriously try to be a little less crazy. he has a. regional plan from the university of minnesota. please

give. thank you. thank you. a little bit about our organization strong towns are ization is now evolved into a national movement of people trying to reconfigure their communities to be more financially sound. post world war 2 america the financing mechanisms of it act very much like a ponzi scheme you had this immediate sugar high with this. long term liability kind of hanging out there in the future and the last generation the one that's going to pick up the bill. we prayed on our fellow americans just so we could keep the growth and nobody stopped to consider the impact that this was going to have on real people and real families.

finding foreclosures. i just saw that. the united states was through real estate so i was determined. it was so much fun when we were making money company had season tickets to the lakers right behind. leonardo dicaprio literally right in front of us and when he used to date. 15 years old right in front of hair is hanging over the back of her seat. that. he starts playing with. anyway. but. there's a new product that started to flood the market 125 percent. and when i 1st started seeing i said this is

a recipe for disaster. or with too many too many monthly payments. to 120 percent of the value or less your mortgage they went after the payment. they did get a $50000.00. that. wasn't a home improvement it was a signature along if you could do whatever you want i just thought it was an exceedingly irresponsible. loan product. i took advantage of me. taking taking someone come on. mikey through. a set of eyes no no. the lenders got greedy and they figured ok we exhausted the $125.00 potential pool. let's go make it super easy to get purchase

money now if you were to ask me what the perfect credential is are to qualify for a home loan i honestly couldn't tell you may i help you sir i. need a quick answer on a new home loan. stated income stated employment stated stated stated which means whatever the borrower says is factual is recently as 1997 you had to put 20 percent down and he had to struggle to save that kind of money if asked for 5 years and a busboy from a local coffee shop can buy the same house for nothing you have to verify your credit history credit we don't have it if we can't pay cash we do without. but you say. it could run the entire american economy i mean where would this country be able to know more than we could pay back. in order for the house of cards to stay standing it has to get bigger so the guy that's in the 3 better one

and a half bath house he's got to move up to the floor better to bath house. to house a car just kept getting bigger and bigger and bigger and bigger and bigger and bigger and bigger and it's just all on fake valuations. yeah at that point the home did absolutely become a vehicle for excess home prices rising from the case shiller index i look at it on there and i say yes this looks good it's much better than expected you look at the number and say. nobody knows where home prices are going to do. people are increasingly speculative when they buy a house a major concern is how much can i sell this to someone else at the other end it can be called the greater fool theory maybe i'm a fool the buys it's

a big house but i'm going to. to an even greater fool. there were people who thought 50 or 100 years ago that home prices should decline with. the reason is they wear out. don't expect to gain the expected to lose value that was a common view in the past. we have come as a society to place a tremendous amount of value on the home itself. and the bigger the home the better . it's interesting because living in the houses were meant to evolve and change as families evolved and changed over time. the idea was that this home would be liveable all your life you could have one bedroom with 3 bedrooms to pending on what your needs were at the time and this

area was an extension of the living room or it could be closed off and become a bed very. close here. as we go to enclose it here. you can enter. the hall. so i have a. better hallway know where all the entrances are to the bedrooms so it could be a one bedroom or 3 bedroom right now we create that one bedroom here and there really are one bedroom that could be partitioned with a rolling wall so it will become 2 bedrooms. it was an extension of the dynamic coming out of post-war idea of what the house provided wasn't really about the upscaling or the supersizing of the house and so that relationship between the growth. of the physical house was still somehow imbalance

subsequently people began to make the scale shift where the houses became just warraich. i'm in love with this. hope in a fight because. i don't think it is. a 5000 square feet on one staircase i'm going to visit that staircase. and track. this to see if. it's really more suited for grandma she doesn't really want to have a deep. think it means 12 foot ceilings on

a mcmansion they're going the way that. people want to buy what they need and they don't want any extra and this has so much square footage of wasted space. they might get away with one more sale but in the years to come it's going to be tougher and tougher. on. there's just tremendous economic dependence on this idea that we can keep. lots and they have to keep marching across the landscape because it's a huge part of the economy depends on being. told. yes so our property line is just basically the white picket fence all the way around. back up to there. so we're going to.

much. so this whole. industry of easy quick money for property did not end at the retail borrower. into bell approach were exposed to these funds. so these companies were going in and buying up swat some planned from these farmers at ridiculous prices just given them enough money for their great grandchildren to retire and it was just so hard to say no. to anything and that's where you see all of the citrus farms in the inland empire die. in of course the cities were loving it because the tax basis on real property with

a house on it is far higher than farming. cities are seeing their tax base quintuple literally overnight. and the development stops. secret prisons are not usually what comes to mind when thinking about europe however even the most prosperous can be deceived we've seen this 0000 there were too few houses were. preserved was located and the only people

had access to the story for investigators sheer hell they uncovered the darkest dealings of the secret services but i mean. you great ignore. for. trying for justice. you know when i'm going to be out there see it on their. own many grown men not me and our 4. i kind of we're on the. course of the now i think it's higher than our. members of the african mafias them safe and quick passage to europe but once they arrive. they are in sleeves they can't reach util. will not some of them leave your mom and i couldn't you know if this unit were going to that i mean .

they sold the. home court of the import data because the persona that a kid even. not

interested peru's rejects the boxes of the os just how to cope with 19 facts and prompt a lot of data is withheld and a child wanted dies but still the trials of being renewed. off to the horrific killing of a history teacher fronts takes on the islamic radicalism but not french muslims. the prong of the government's response. you're going to want to know how to be the cure for all for what the poorest of and more freedom of speech as a human rights of all does this is literally all the brunt of. the conflicts between azerbaijan and armenia rages on in spite of to cease fire deal a correspondent is in a dispute to afford a car. he couldn't.