Know Your Price: Valuing Black Lives and Property in America’s Black Cities

If we can detect how much racism depletes wealth from black homeowners, we can begin to address bigotry principally by giving black homeowners and policymakers a target price for redress. Laws have changed, but the value of assets—buildings, schools, leadership, and land itself—are inextricably linked to the perceptions of Black people. And those negative perceptions persist. This course will provide a path forward with solution for devaluation in housing and beyond.

Objectives

  1. Teach how racism devalues of property
  2. Show how centering whiteness in research discourages investments in Black-majority communities
  3. Teach why the next iteration of education reform must focus on hiring Black teachers and community development

By the end of this session, you will know:

  • There is nothing wrong with Black people that ending racism can’t solve.
  • Housing devaluation extracts 156 billion in equity from Black neighborhoods
  • Growth requires direct investments in people

Pre-work

Please read the following document to prepare for discussion:

The devaluation of assets in black neighborhoods

About Andre Perry

Andre M. Perry is a fellow in the Metropolitan Policy Program at Brookings, a scholar-in-residence at American University, and a columnist for the Hechinger Report. He is the author of the new book Know Your Price: Valuing Black Lives and Property in America’s Black Cities, which is currently available wherever books are sold. A nationally known and respected commentator on race, structural inequality, and education, Perry is a regular contributor to MSNBC and has been published by The New York Times, The Nation, The Washington Post, TheRoot.com and CNN.com. Perry has also made appearances on CNN, PBS, National Public Radio, NBC, and ABC. His research focuses on race and structural inequality, education, and economic inclusion. Perry’s recent scholarship at Brookings has analyzed Black-majority cities and institutions in America, focusing on valuable assets worthy of increased investment.