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Resource ID: #28625
Subject:Housing Crisis
Source:David Schechter, Chance Horner, Jason Trahan, T. Nicole Waivers
Affiliation:WFAA TV
Date:2020-12-13
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Description
“In this community, it's an economic embargo. If banks were equitable, we wouldn't have a housing problem. We wouldn't have an unemployment problem. We wouldn't have a police problem."Standing in the lot of his auto wholesaling business, in one of the highest-minority and lowest- income neighborhoods in Dallas, businessman Robert Pitre told WFAA-TV how banks redline the minority community; denying the credit needed to buy a home or fund a business.