No, Appraisers Didn’t Cause America’s Racial Wealth Gap
Appraisers are being dragged into the racial wealth gap debate, but the real gap is between racial accusation and actual evidence, and courts aren’t buying it. After years of feckless payouts by insurance companies and corporations, the era of using the courts to harass appraisers for their value opinions has ended. Last week, a U.S. District Court judge in Maryland threw out a discrimination lawsuit on summary judgment. It was brought against an appraiser by a militant professor at Johns Hopkins University and his wife, who passed away since the filing of the suit. She, too, was a professor at...
