they believe the property is but not hold the plane turned on a loan they said. banks take up that same practice they decide they're not going to land in those areas that meant that all these benefits the potential homeowners were flowing to whites and not. racism into our ownership culture. problem it's just problem is made most of them up and libel wimbledon don't know that we did it i'm probably going to wait with them living 2 doors away so we passed a law in 1988 the fair housing act it proclaims that fair housing. all human beings is a part of the american way of life. the government's given to ministers prevent discrimination but to actually

affirmatively go out and say how do we do. so the government betrays that. i find as i travel across the country that whether we're talking about white americans or people who may be robot and other minority groups like the mexican americans i rest. just like the black americans what everybody wants is 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 enforce the. federal policy but it's the local administration these policies that off the black people receive discriminatory treatment my name is. my name is graham wellington and i'm calling about the apartment for rent on park street. but it is really so what does this mean it means that

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. 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 come verge 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 sadnesses they still call it the white

house but that's a temporary condition. there's a lot of the city. we've got to get yeah every time i don't need to get. working on . a unit you know you believe you get through. it. you know if you. trying to tell you. there is no clue gram a promise that a president can bake they get that better the government going to come in they get a little blonde and go they have. designated you think condition of black veterans a white trans diversion even though when they returned from the war and they were economically similar families. public housing then became a black phenomenon. people who fall into this category

a half the society is plus. it's. not any kind of nature. down on people constantly little cause of us. cities and to adequately service neighborhoods that were heavily concentrated with african-americans garbage collection wasn't a picked up as frequently streets were it repair this well the conditions deteriorated and the urban areas became slums. i would like to rub america's nose in this is say you're going to get it you want to reject it boy 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 a construction which is destroying black communities i would use oftentimes in urban areas a built did in the middle of black communities so there's a sort of rising anger frustration that sense plays. well once they became swans saw at least look at them and said well we need to do some slum clearance.

were all those black people all those loci is where they gone. up root in our neighborhood be messing with our unity it takes 10 years to really reach israel 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 factors 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 c don't undermine the value of our own and we're concerned we're going 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 and the police had to come in with us because people were throwing things at our house and terrorizing our house at night. 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 what i mean to go down if they are allowed to move in here in any numbers do you think them are . 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 little 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 c. 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 the leg. condition that. even one minute. to get it it is.

very. bad luck. if we're to do something about the brain 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 committees become visible to most americans. the way of life of reindeer hoodies leading a traditionally nomadic lifestyle in the tundra is similar to

a parallel reality. that the men drive the hoods women carry the weight of the household look on their shoulders to show them which. one also lets see man. think it's nice however in the vast expanse of russia there is a spot where housewife could secure a regular employment status it's in the final soon as today. in usually she's. is you'll be a reflection of reality. in a world transformed. what will make you feel safe from.

high salacious little community. are you going the right way or are you being led. by. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. maybe in the shallowness. i don't want to think. we're going to be i think. where is it on here but you're getting what are you going to do that you're going to pull out and that's. going to get people. who are my little me sort of on just

a platter of middle name and you want to hear of me where they were on a tour 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 department they took him out of the south bronx for the benefit of the community now when i 1st became a policeman i was in a riot squad and a riot or any type of demonstration i was in the city i went to a. mostly irish cops on the job then and they were nasty in there tell you to move and you move you've 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 showing 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 hopper yes but nothing you have a way 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 think again that by age 25. years i'm going to do many more like this for millions of dollars. 7 deals in 30 days. with one. you can do it too 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 that. thank you. thank you. a little bit about our organization strong towns our 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 going 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 a 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 interest monthly payments. to 120 percent of the value or less your mortgage they went after the payment. they did they get

a $50000.00. that. wasn't a home improvement it was a signature long and you could do whatever you want i just thought it was an exceedingly irresponsible. loan product. i took advantage of me. taking you're taking someone come on. making. 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 a 1997 he had a full 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. what you say. you could run the entire american economy i mean where would this country need 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 that'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 or 3 bedrooms depending 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 already so close here. as you're going to enclose it here. you might enter.

hall. so i have a. better hallway know where all the entrances are to the bed. 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. there 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 some who invents 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 feel like it's very attractive. to see that. 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 please name i 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. on their own lots and that they have to keep marching across the landscape because it's a huge part of the economy depends on being. told take care. 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. chicken. and. much. so this. 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 swaths of land 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.

the developments stops. an entire village in alaska has had to move if another country threaten the wife of an american. we do everything up our. want of a escaping climate change poses the same threat right now alaska has seen some of the fuss just coastal erosion in the world's last about 35 feet. 35 feet of ground in just about 3 months while we were measuring. is fast and that means the river is $35.00 closer than how. was your own. they were part of her thirst for murmur for.

the world is driven by dreamers shaped by the person of those words. the dares thinks. we dare to ask. anyone else to show same wrong all right old quotes just don't call. me old yet to shape our disdain to come out ahead and in again

because of the trail all. when so many find themselves worlds apart when you choose to look for common ground. has changed american lives but pharmaceutical companies have a miraculous solution. based drugs it's not that people who are chronic pain believe that their opioid prescription is working for them in the remedy be certain to. price with the. words their dependency and addiction to opiates the long term use that really isn't scientifically justified and i'll study actually suggest that . the long term effects may not just be the absence of benefit but actually that they may because we want to.

be. in the headlines this hour thousands of demonstrators turn out in baghdad exactly one year after the us assassinated iran's top general the growing tension is seeing teheran again vowed to avenge his death while american strategic bombers are flown over the gulf. coast among the stories that shape the week the u.s. suffers a post-holiday coronavirus surge with cities like los angeles already out of intensive care beds one nurse tells us that's not the only thing in short supply. and we're stuck now we were running low on oxygen on supplies on you know all the rest between drugs and definitely bad definitely staff and the argentine president warns that a smear campaign and trade war against the sputnik fico feedback.