Cory Doctorow on Nostr: Perhaps you recall predatory inclusion from the #GreatFinancialCrisis, when predatory ...

Perhaps you recall predatory inclusion from the #GreatFinancialCrisis, when predatory #SubprimeMortgages with deceptive teaser rates were foisted on Black homeowners (who were eligible for better mortgages), resulting in a wave of Black home theft in the #foreclosure crisis:

https://prospect.org/justice/staggering-loss-black-wealth-due-subprime-scandal-continues-unabated/

Before these loans blew up, they were styled as a means of creating Black intergenerational wealth through housing speculation.

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