And that same appraisal system is around today. Just look at the data. Last year, a report estimated that Boston's black homeowners lose up to $2.3 billion in wealth because homes owned by black families are valued about 18% less. They can literally be right next door to each other than comparable white owned homes, or roughly $125,000. But this isn't just in my district. It's happening all across the country. (02:27–02:39)
CLAIM
Asserts that racial bias in property valuations leads to significant wealth loss for black homeowners in Boston.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
