Andre Perry, author of ‘Know Your Price: Valuing Black Lives and Property in America’s Black Cities,’ speaks on Black displacement and structural violence.
Currently, real property held by Black people in the U.S., typically the descendants of enslaved Africans, shows a cumulative national devaluation of $156 billion. That’s an average loss of $48,000 per home in majority-Black neighborhoods across America.
A sustained shortfall of this magnitude isn’t happenstance. It’s formulaic.
