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by asdff 2655 days ago
Banks would send black children to the homes of white people with pamphlets saying things like "you know who is moving in," warning about an imminent decline in property values due to black people moving in. Banks would come in after the pamphlets with agents who would low ball these white-owned houses, then flip them for profit by charging black people huge prices for the very same homes. It was entirely rooted in racism, no way about it.