Submit your comments on this article |
Africa Subsaharan |
Deracialising SA suburbs priority - news24 |
2013-05-23 |
Sexwale said his department's "residential deracialisation strategy" aka demographic voter adjustment was underpinned by seven elements. These included "to deracialise white suburbs by continuing to oblige banks, through the Home Loan and Mortgage Disclosure Act, to provide loans to black people desiring to buy properties in white areas...". The scheme works well in Atlanta, until the loans are defaulted, the homes are boarded up, and the few remaining taxpayers in the neighborhood flee. |
Posted by:Besoeker |
#3 Modern day block busting. |
Posted by: Dopey Sinatra9196 2013-05-23 16:55 |
#2 The underlying political goal is achieved. Demographics have been successfully adjusted. The county or region effected is no longer [and will never again be] a conservative, Republican enclave. |
Posted by: Besoeker 2013-05-23 13:36 |
#1 Sub-prime loans AKA NINJA loans, what could possibly go wrong? |
Posted by: tipper 2013-05-23 13:19 |