Wednesday, September 17, 2014

Szto on Real Estate Agents as Agents of Social Change

Mary Szto, Hamline University School of Law, has posted Real Estate Agents as Agents of Social Change: Redlining, Reverse Redlining, and Greenlining, which appeared in the Seattle Journal for Social Justice 1 11 (2013): 1.  Here is the abstract:
This article examines the role of US real estate agents in redlining, reverse redlining, and greenlining practices. Redlining was the practice of the Federal government, private banks, and other institutions to deny credit to neighborhoods based on race. Reverse redlining is marketing inferior credit and other products to those same neighborhoods. Greenlining is incenting investment in previously redlined neighborhoods. This article argues that although many real estate agents used practices that unjustly excluded access to neighborhoods, all can be faithful agents of inclusion to global, flourishing communities. That is, while real estate agents took leading roles in redlining and reverse redlining in the past, they can now lead in greenlining efforts. Moreover, those who want to effect greater access to global flourishing communities should consider becoming real estate agents.