{"id":18070,"date":"2021-04-23T07:04:10","date_gmt":"2021-04-23T14:04:10","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18070"},"modified":"2021-04-23T07:04:10","modified_gmt":"2021-04-23T14:04:10","slug":"overnight-news-the-real-estate-market-is-color-blind-good-neighborhoods-are-the-ones-rich-in-ants","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18070\/overnight-news-the-real-estate-market-is-color-blind-good-neighborhoods-are-the-ones-rich-in-ants\/","title":{"rendered":"Overnight News: The real estate market is color-blind. Good neighborhoods are the ones rich in\u00a0Ants."},"content":{"rendered":"

\"Ya

\u201c\u2018Color-blind\u2019? What’s ‘color’? Can’t you see in the infrared, like everyone\u00a0else?\u201d<\/p><\/div>As I have pointed out too often, Redfin is on a Marxian crusade to prove that poorer real estate results for black homeowners results from racism, rather than from an aversion to the neighborhoods where black homeowners frequently buy their homes.<\/p>\n

In other words, why grasp at an inherently specious claim when “location, location, location” provides so many compelling answers?<\/p>\n

Here’s a question Redfin will never dare to ask out loud: Where do more-prosperous black homeowners buy their homes?<\/p>\n

And here is a better lens for understanding the whole gestalt: Ants and Grasshoppers. Majority black neighborhoods will tend also to be majority Grasshopper neighborhoods, more is the pity, where peace, plenty and an undoubted civility will abound in majority Ant neighborhoods.<\/p>\n

Looking for a color-blind test of this obvious market principle? The neighborhoods around large tax-funded universities will be overrun with Grasshoppers \u2013 students and former students who prefer the party life to, you know, life. Real estate results in those neighborhoods will tend to trail nearby Ant neighborhoods in much the same way Redfin observes in majority black neighborhoods.<\/p>\n

Grasshoppers are poor stewards of real estate because they are poor stewards generally. People who invest in real estate in neighborhoods where Grasshopper values are readily apparent should expect poorer results with respect to the market \u2013 and especially with respect to majority Ant neighborhoods.<\/p>\n

In other news:<\/em><\/strong><\/p>\n

CNBC:<\/strong> Existing home sales suffer second straight monthly decline as tight supply pushes prices higher.<\/a><\/p>\n

The New York Post:<\/strong> Millennials are moving back into awkward teen rooms in record numbers.<\/a><\/p>\n

The College Fix:<\/strong> I\u2019ve lived in Minneapolis my entire life. I\u2019m leaving Friday. I no longer recognize my hometown.<\/a><\/p>\n

Breitbart.com:<\/strong> Report: Black Lives Matter Protests \u2018Correlate with a 10 Percent Increase in Murders\u2019 in Areas Where They Occur.<\/a><\/p>\n

Richard Hanania:<\/strong> Why is Everything Liberal? Cardinal Preferences Explain Why All Institutions are Woke.<\/a><\/p>\n

PJ Media:<\/strong> The End of Basic Education: Biden Issues Universal Public School Critical Race Theory Order.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\u2018Color-blind\u2019? What’s ‘color’? Can’t you see in the infrared, like everyone\u00a0else?\u201dAs I have pointed out too often, Redfin is on a Marxian crusade to prove that poorer real estate results for black homeowners results from racism, rather than from an aversion to the neighborhoods where black homeowners frequently buy their homes. In other words, why […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[29,26,6,5],"tags":[],"class_list":["post-18070","post","type-post","status-publish","format-standard","hentry","category-group-therapy","category-lending","category-marketing","category-real-estate","no-featured-image"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17417,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17417\/overnight-news-hey-redfin-what-happens-when-you-tell-everyone-youre-racist-and-they-believe-you\/","url_meta":{"origin":18070,"position":0},"title":"Overnight News: Hey, Redfin: What happens when you tell everyone you\u2019re racist \u2013 and they believe\u00a0you?","author":"Greg Swann","date":"October 31, 2020","format":false,"excerpt":"Here's the deal: If disparate impact is automatically racism, Asian and Jewish people should be suing pro-athletics. That's what Glenn Kelman needs to say to swat the race pirates away. Financial hurdles seek to qualify Ants and disqualify Grasshoppers. This has nothing to do with race, but every financial hurdle\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":18043,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18043\/overnight-news-if-you-cannot-possibly-admit-that-the-ants-are-fleeing-the-grasshoppers-what-do-you-call-the-last-year-the-great-reshuffling\/","url_meta":{"origin":18070,"position":1},"title":"Overnight News: If you cannot possibly admit that the Ants are fleeing the Grasshoppers, what do you call the last year? \u201cThe Great Reshuffling\u201d","author":"Greg Swann","date":"April 12, 2021","format":false,"excerpt":"What's \"The Great Reshuffling\"? That, apparently, is the name that is to be given to the lies about why so many Americans have moved since May 25th, 2020. Given the way these propaganda campaigns go, I would look into Critical Theory or \"Great Reset\" literature for the origin of the\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":17949,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17949\/overnight-news-what-are-primarily-black-neighborhoods-and-how-do-they-overlap-with-redfins-redlining\/","url_meta":{"origin":18070,"position":2},"title":"Overnight News: What are \u201cprimarily black\u201d neighborhoods? And how do they overlap with Redfin\u2019s\u00a0redlining?","author":"Greg Swann","date":"March 9, 2021","format":false,"excerpt":"I've been meaning to mock Glenn Kelman and Redfin for its commissions hypocrisy, so forgive me my diversions: Redfin, a national real estate brokerage currently under investigation for undeniable anti-black disparate-impact redlining, is today making claims about primarily black and primarily white neighborhoods \u2013 the latter type being where you\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":17805,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17805\/overnight-news-racism-isnt-racism-when-its-anti-ant-racism\/","url_meta":{"origin":18070,"position":3},"title":"Overnight News: Racism isn\u2019t racism when it\u2019s anti-Ant\u00a0racism.","author":"Greg Swann","date":"February 4, 2021","format":false,"excerpt":"The idea of 'systemic' racism is stupid. People who habitually make poor choices always blame everything but themselves. But if you're looking for ubiquitous, constant, inescapable racism, I can point you to it: Follow elderly Asian women in poor neighborhoods in big cities on either coast. When they go out\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":18267,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18267\/overnight-news-redfin-produces-study-demonstrating-that-black-would-be-homeowners-make-substantially-poorer-choices-blames-racism\/","url_meta":{"origin":18070,"position":4},"title":"Overnight News: Redfin produces \u201cstudy\u201d demonstrating that black would-be homeowners make substantially poorer choices \u2013 blames\u00a0racism.","author":"Greg Swann","date":"June 29, 2021","format":false,"excerpt":"I would dearly love it if some impresario would put me on a stage with Redfin CEO Glenn Kelman, so we could discuss his strategy of race piracy as a business plan. As discussed, I find the bigotry repellent, not the least because, as with every other Black Lives Mattering,\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":17439,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17439\/overnight-news-coattails-without-the-coat-not-plausible\/","url_meta":{"origin":18070,"position":5},"title":"Overnight News: Coattails without the coat? Not\u00a0plausible.","author":"Greg Swann","date":"November 6, 2020","format":false,"excerpt":"Odysseus told you Wednesday what to look for: Voting only for President, only for Biden. Same pattern in many fraud-states: Too many ballots to fake. The specific voters being disenfranchised are urban Ants \u2013 wise enough to know better, unable to escape. That's how much any lives matter to the\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\/18070","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=18070"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18070\/revisions"}],"predecessor-version":[{"id":18071,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18070\/revisions\/18071"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}