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Unwavering Convictions: Gao Zhisheng's Ten-Year Torture and Faith in China's Future
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Closed Captioned.
Part 1 - Racial Segregation: The Roots of the Housing Deficit
The history of racial segregation in the United States, and how government policy fostered actions that created the affordable housing deficit will be reviewed. Many believe that racially discriminatory landlords and bankers were the prime cause of residential segregation, however, there is a long history of federal, state and local policies that generated not only the residential segregation found across the country, but also the shortage of quality affordable housing. Public policy options that are needed to address the challenges to both racial segregation and lack of quality affordable housing will be discussed.
Part 2 - The Rise of the Homevoters
Why local zoning has become so restrictive will be explored. In the 1970s, unprecedented peacetime inflation, touched off by the oil cartel OPEC, combined with longstanding federal tax privileges to transform owner-occupied homes into growth stocks in the eyes of their owners. The inability to insure their homes' newfound value converted homeowners into "homevoters," whose local political behavior focused on preventing development that might hinder the rise in their home values.
Homevoters seized on the nascent national environmental movement, epitomized by Earth Day, and modified its agenda to serve local demands. It thereby eroded the power of the predevelopment coalition called the "growth machined," which had formerly moderated zoning.
The post-1970 shift in the American economy from industrial employment to knowledge-based services rewarded college graduates and regions that specialized in software and finance. Residents of suburbs in the larger urban areas of the Northeast and West Coast used existing zoning and new environmental leverage to protect the growth rate of their home values. The regional spread of these regulations has slowed the growth of the economy and perpetuated regional income inequalities.
A proposal to modify this trend by reducing federal tax subsidies to homeownership will be discussed.
Part 3 - Impact of COVID-19 on Affordable Housing
The disproportionate impact of COVID-19 on low income, and persons of color in the context of affordable housing will be explored. Through a discussion of specific examples, the crisis of affordability even before COVID-19 will be reviewed, and the impact of closing down the economy to prevent the spread of the disease on low-income homeowners and renters will be analyzed. The immediate short-term effects, and the long-term impact will be discussed, along with governmental policy options needed to address this additional challenge to affordability.
Forum on Affordable Housing and Community Development
LG2101AHUOLC
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1/13/2021 12:00:00 AM
Publications | Book
Unwavering Convictions: Gao Zhisheng's Ten-Year Torture and Faith in China's Future
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