{"id":17060,"date":"2020-09-19T07:38:12","date_gmt":"2020-09-19T14:38:12","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17060"},"modified":"2020-09-19T12:24:12","modified_gmt":"2020-09-19T19:24:12","slug":"overnight-news-mocking-redfin-about-the-dystemperors-new-unriots-is-funny-until-you-think-about-what-our-studied-negligence-is-doing-to-the-black-middle-class","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17060\/overnight-news-mocking-redfin-about-the-dystemperors-new-unriots-is-funny-until-you-think-about-what-our-studied-negligence-is-doing-to-the-black-middle-class\/","title":{"rendered":"Overnight News: Mocking Redfin about The Dystemperor\u2019s New Unriots is funny \u2013 until you think about what our studied negligence is doing to the black middle\u00a0class."},"content":{"rendered":"

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\u201cRed Americans got rooked once and completely. Black Americans get rooked with every spin of the \u2018economic cycle.\u2019 That\u2019s how you know Black\u00a0Lives\u00a0Matter.\u201d<\/p><\/div>As I noted yesterday, these are not just riots we are seeing across the country, they are carefully-mismanaged riots. Where the police department is allowed to function according to well-understood crowd-control theory, there are no riots. Cf., e.g., Detroit. As with acknowledging the riots themselves, taking note of this deliberate mismanagement is useful: It is the key proxy signal needed to determine any given neighborhood’s RiotScore\u2122<\/a>.<\/p>\n

Redfin:<\/strong> Housing Market White Hot After Labor Day: Home Prices Up 13%, Pending Sales Up 27%.<\/a> CTRL-F ‘riot’; not found.<\/p>\n

Housing Wire:<\/strong> MBA: 11 million households fell behind on rent or mortgages in second quarter.<\/a><\/p>\n

CNBC:<\/strong> Refinancing your mortgage will cost more thanks to an \u2018adverse market\u2019 fee.<\/a><\/p>\n

Forbes:<\/strong> The Paradox Of The U.S. Black Home Ownership Rate.<\/a><\/p>\n

John Wake is an old friend of mine and of BloodhoundBlog’s. He doesn’t address it here, but a further consequence of the rioting will be a decimation of black homeownership in the riot-wracked cities: The homes that were not destroyed are bleeding equity with every departing U-Haul van. The middle class is how we grow \u2013 as traders but also as neighbors. Strangers learn to love each other from trade \u2013 that’s how polyglot cities have always worked \u2013 but traders cultivate their neighbors by their good example. The social capital this Summer’s riots have destroyed far exceeds the physical damage.<\/p>\n

So take just a moment, right here in the middle of the news, to reflect upon the hypocrisy of the so-called “leadership” of the so-called “real estate industry.” Redfin pimps an ugly, racist hiring preference for its Board of Directors and the grand poohbahs of the big brokerages actually promise wholesale violations of fair employment laws \u2013 all to make up for the “systemic racism” for which they are the actual and ongoing “system.” And yet, not one of them is standing up to defend the black middle class as it is being exsanguinated right before our eyes. We are “led” by scum \u2013 the sleaze Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cRed Americans got rooked once and completely. Black Americans get rooked with every spin of the \u2018economic cycle.\u2019 That\u2019s how you know Black\u00a0Lives\u00a0Matter.\u201dAs I noted yesterday, these are not just riots we are seeing across the country, they are carefully-mismanaged riots. Where the police department is allowed to function according to well-understood crowd-control theory, there […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,6,5,19],"tags":[],"class_list":{"0":"post-17060","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-marketing","8":"category-real-estate","9":"category-technology","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":18332,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18332\/overnight-news-were-you-rooked-by-an-ibuyer-so-was-everyone-else-and-all-of-you-may-have-grounds-for-litigation\/","url_meta":{"origin":17060,"position":0},"title":"Overnight News: Were you rooked by an iBuyer? So was everyone else \u2013 and all of you may have grounds for\u00a0litigation.","author":"Greg Swann","date":"July 20, 2021","format":false,"excerpt":"If you sold a home to an iBuyer over the past 12 months, you were probably rooked \u2013 and you may have grounds for litigation. If the iBuyer did not explicitly disclose to you that listing on the MLS would be to your best financial interest in a madly accelerating\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":16982,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16982\/now-look-at-this-chart-and-tell-me-where-the-riots-are\/","url_meta":{"origin":17060,"position":1},"title":"\u201cNow look at this chart and tell me where the riots\u00a0are…\u201d","author":"Greg Swann","date":"September 11, 2020","format":false,"excerpt":"I love this image from Redfin: What is the name of the condition where people lie with their words but tell the truth with their deeds? Are there riots in America this Summer \u2013 despite the overwhelming public denials? Are those riots affecting real estate choices? Meanwhile: Who thinks that\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=700%2C400 2x"},"classes":[]},{"id":17049,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17049\/overnight-news-riots-what-riots\/","url_meta":{"origin":17060,"position":2},"title":"Overnight News: Riots? What\u00a0riots?","author":"Greg Swann","date":"September 18, 2020","format":false,"excerpt":"You got news? I got news: Present company excepted, the real estate industry seems to be terrified to talk about the riots. You know, the ones roiling the never-more-local real estate markets? Evidence abounds and none dare call it by its right name. The simplest explanation to fit the facts\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18563,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18563\/overnight-news-hey-redfin-how-do-recent-movers-feel-about-riots\/","url_meta":{"origin":17060,"position":3},"title":"Overnight News: Hey, Redfin: How do recent movers feel about\u00a0riots?","author":"Greg Swann","date":"October 18, 2021","format":false,"excerpt":"America is aghast at its own collapse, and this seems to have resulted in a dearth of fluffy real estate lies. But Redfin always comes through, today with a survey of recent movers' attitudes about hot-button political issues. That alone seems stupid to me: \"We're from Redfin, and we market\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17487,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17487\/overnight-news-the-fall-back-for-the-fall-back-cheating-terrorism-welcome-to-brown-shirt-america\/","url_meta":{"origin":17060,"position":4},"title":"Overnight News: The fall-back for the fall-back cheating? Terrorism. Welcome to Brown\u00a0Shirt\u00a0America.","author":"Greg Swann","date":"November 18, 2020","format":false,"excerpt":"Americans watched extortion on a live Zoom call last night: Wayne County election officials were doxxed and their children were threatened \u2013 Mafia-style \u2013 before the Zoom call was cut off \u2013 presumably when the threats escalated even more. If the terrorists who effected this arm-twisting are not arrested by\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18083,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18083\/overnight-news-there-definitely-were-no-riots-and-thats-why-there-is-job-security-in-security-jobs\/","url_meta":{"origin":17060,"position":5},"title":"Overnight News: There definitely were no riots, and that\u2019s why there is job security in security\u00a0jobs.","author":"Greg Swann","date":"April 27, 2021","format":false,"excerpt":"My nephew is a locksmith, so I know his children's futures are secure: Home security is a growth industry. If you live in a city where the police are afraid to enforce civil order, you need security. If you moved away, but not far enough, you need security. And even\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17060"}],"version-history":[{"count":7,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17060\/revisions"}],"predecessor-version":[{"id":17071,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17060\/revisions\/17071"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}