Comment on The private home listings most buyers aren’t seeing
HobbitFoot@thelemmy.club 1 week agoMaybe not redlining, but there has been shown to be increased inequality by keeping the homebuying market opaque.
Comment on The private home listings most buyers aren’t seeing
HobbitFoot@thelemmy.club 1 week agoMaybe not redlining, but there has been shown to be increased inequality by keeping the homebuying market opaque.
baronvonj@lemmy.world 1 week ago
I don’t doubt it, and I 100% support regulations aimed at increasing wealth and ownership opportunity and equality. If Compass is shown to be discriminating against minorities, then yeah prosecute the fuck out of them. I just think forcing people to list their home even though they already have a buyer selected isn’t really going to do anything about it and just artificially raises the sale price to cover the realtor fees. Say some elderly home owner is nearing hospice or something and wants to sell the house to their grandkid who is starting a family. Why should they have to do anything other than get a mortgage approved and go sign all the deed/title paperwork for the bank and the county? Forcing it to be listed isn’t going to suddenly make that home be an option for a discriminated minority buyer, because the buyer has already been selected by the owner.