BLM co-founder, with $ 3M real estate portfolio, says black homeownership is a way to ‘disrupt white supremacy’
Black Lives Matter co-founder Patrisse Cullors, who has a real estate portfolio worth more than $ 3 million, shared a report on Saturday on the history of racism in the housing market.
“Black Americans and the Racist Architecture of Homeownership” is part of an NPR documentary series, “We Hold These Truths,” on American democracy.
According to reportBlack homeownership in the United States has barely budged over the past half century: in 1970, the national black homeownership rate was 41.8%; in 2019, it was 42.3%.
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On his Instagram page, Cullors, 37, thanked the outlet for “highlighting the history of racism in the housing market.” She then suggested that “black home ownership has always been a way to disrupt white supremacy.”
If this is true, then white supremacy has been cut off by Cullors’ real estate buying frenzy. Property records show that Cullors – a self-proclaimed Marxist – has acquired four high-end homes for $ 3.2 million in the United States alone in recent years.
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The disclosure of Cullors’ real estate portfolio, highlighted in a New York Post report last month, drew criticism from supporters and critics of the BLM.
Cullors defended herself, saying her home buying frenzy was part of her life “in direct support of black people”, and decried the conservative media coverage as “racist and sexist.”
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“I think this is a criticism that is missing, and I say this because the way I live my life is in direct support of black people, including my black family members above all else,” Cullors said in a statement. interview with the left. wing activist Marc Lamont Hill. “For so many black people who are able to invest in themselves and in their community, they choose to invest in their families, and that’s what I chose to do.”
Isabel Vincent of FOX Business contributed to this report.