Black Unicorn <unicorn@schloss.li> writes:
That, essentially, is what a bank is. I do not believe the government should dictate which people you, or your bank, are allowed to lend to.
Create a bank where the identity of the customers are unknown and you solve the redlining problem.
Supposedly in redlining the bank discriminates based not on the race of the loan applicants, but on the location. If they're unwilling to lend money to buy a house in a "bad neighborhood" at the same interest rate they use in a "good neighborhood", then chances are that they don't look at the identify (race, income, etc) of the customers - only at the address. I hope you're not suggesting that a bank should accept a house as collateral without knowing there that house is. :-) --- Dr.Dimitri Vulis KOTM Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps