Two urban policy experts explain why taking down highways that have isolated low-income and minority neighborhoods for decades is an important part of the pending infrastructure bill.
Real estate prices are still related to a neighborhood’s racial composition, despite laws prohibiting the explicit consideration of race in appraisals.
Frederic J. Brown/AFP via Getty Images
New research shows homes in white areas have appreciated $200,000 more since 1980 than similar homes in nonwhite areas – a result of both old racist housing policies and modern real estate practices.