Marxist ‘Black Lives Matter co-founder Patrisse Cullors complains about racism in the housing market
Black Lives Matter co-founder Patrisse Cullors shared a story about the “ white supremacy ” of the housing market just weeks after her own $ 3 million real estate portfolio was shared.
The problems have been addressed in one NPR documentary, We Hold This Truths, which looked at how black people were systematically discriminated against by the real estate industry and government policy for decades.
The report – which focuses on the experiences of black people living in Compton, California, revealed that only 41.8 percent of black households owned their homes – and that percentage has barely increased since 1970.
“Thank you @npr for highlighting the history of housing racism and why black home ownership has always been a way to disrupt white supremacy,” Cullors wrote on her Instagram.
Black Lives Matter co-founder, Patrisse Cullor, complained about the history of racism in the housing market
In 1970, two years after the Fair Housing Act was passed, the national home ownership of black households was 41.8%. In 2019 it was 42.3% – just a net increase of 1.2% from five decades earlier.
Experts say the reasons for lower home ownership range from historic underemployment and low wages to a recession-related foreclosure crisis hitting black communities particularly hard.
But Cullors hasn’t faced such problems getting up the property ladder – after it was revealed that she owns four homes in desirable California neighborhoods, often home to mostly white people, worth nearly $ 3 million in total.
Last month, the 37-year-old, who co-founded BLM with Alicia Garza and Opal Tometi in 2013, was criticized for her $ 3 million four-house empire.
Cullors founded BLM with Alicia Garza and Opal Tometi in 2013. She said she “spent the last week in security” after her homes were first featured in the media.
She described it as a ‘racist and sexist’ attack by the ‘right-wing media’.
Cullors bought a $ 1.4 million home in the largely white neighborhood of Topanga Canyon, Los Angeles.
According to the zip code, 88 percent of the residents are white and 1.8 percent black census.
The New York Post also reported that since 2016, Cullors has also purchased three other homes for a total cost of approximately $ 3 million.
This includes a $ 415,000 ‘custom farm’ on 8 acres in Conyers, Georgia, with its own pool and airplane hangar.
Additionally, property records show that Cullors also bought two other Los Angeles homes, including a three-bedroom house in Inglewood for $ 510,000 and a four-bedroom home in South LA for $ 590,000.
Last month, it was revealed that Cullors had bought this $ 1.4 million home in a white section of LA
She also bought three other homes, including this one in Georgia – about $ 3 million in total
Cullors grew up in the Van Nuys neighborhood of LA, which she described as ‘impoverished’
Cullors has tried to fend off criticism from some on the left who questioned whether her ownership of four houses contradicts her ideology as a ‘trained Marxist’, saying she invested in the properties to provide for her family and considers her wealth “as the property of my family.” money too. ‘
In 2015 she described herself as a ‘trained Marxist’, and last December she expanded her views by saying ‘I believe in Marxism’.
‘I’m working on making sure people don’t suffer, I’m working on making sure people don’t go hungry,’ she explained in a YouTube video.
Black Lives Matter raised about $ 90 million in donations last year, but is not disclosing a full account of its spending. The organization said Cullors has received $ 120,000 since 2013, but has not received any payment since 2019.
There is also no suggestion that she used BLM funds to pay for her properties.
The $ 1.4 million home that Patrisse Cullors bought in the Topanga Canyon area of Los Angeles
The light and airy home is only 20 miles from where she grew up, but a world away in style
Cullors labeled the focus on her homes and finances as “ racist and sexist ” and said it was common in the black community for people to invest in property to care for their relatives.
And the fact that the right wing media is trying to create hysteria around my spending is frankly racist and sexist and I also want to say that many of us who end up investing in homes in the black community often invest in homes to care for their families, ‘she said.
“You can talk to so many black people and black women, especially those who take care of their families, their loved ones, especially if they can.”
The homes she has bought “directly support the people I love and care about,” she said, adding that she doesn’t “rent them out in some Airbnb operation.”
The way I live my life is primarily a direct support for black people, including my black family members.
Cullors’ new home has high ceilings and a sliding door that opens out to the tree-filled garden
“For so many black people who can invest in themselves and their communities, they choose to invest in their families and that’s what I’ve chosen to do.”
Cullors has become one of the most high-profile campaigners in the US since BLM’s inception in 2013, with a best-selling memoir, a sequel on the way, a deal with Warner Bros to produce content, and regularly paid for speaking assignments.
Her 2018 memoirs were a bestseller and her sequel to Abolition is due out in October.
She also works as a professor of social and environmental arts at Prescott College in Arizona.