Affluent Black County Mired In Mortgage Mess

[AOII Angel]

I used to practice in PG County in Lanham, MD specifically. While PG is the MOST affluent AA community, it is not affluent. As a DC suburb, prices are higher than your average community in the rest of the US. Predatory lending cannot be discounted as a factor in this topic as African Americans were a group hard hit by those perpetrating that fraud. People made bad choices, but for ten long years houses were ATMs that many times dispensed more money than people's full time jobs. If it sounds too good to be true...

[DrPhil]

Originally Posted by AOII Angel

While PG is the MOST affluent AA community, it is not affluent.

Of course the most affluent Black community would not really be affluent. LOL. Yay.

Originally Posted by AOII Angel

As a DC suburb, prices are higher than your average community in the rest of the US. Predatory lending cannot be discounted as a factor in this topic as African Americans were a group hard hit by those perpetrating that fraud. People made bad choices, but for ten long years houses were ATMs that many times dispensed more money than people's full time jobs. If it sounds too good to be true...

Exactly.

[AOII Angel]

Originally Posted by DrPhil

Of course the most affluent Black community would not really be affluent. LOL. Yay.



Exactly.

There are plenty of affluent people in PG, but there are mostly middle class African Amercans and poor AA in the county. Of course, hispanic, white and Asian people live there, too. It was explained well to me by my "Black" boss, he hated the term African American unless you were from Africa. I tried not to get him started. LOL

[DrPhil]

Originally Posted by AOII Angel

There are plenty of affluent people in PG, but there are mostly middle class African Amercans and poor AA in the county. Of course, hispanic, white and Asian people live there, too.

Yes, I know all about PG.

Originally Posted by AOII Angel

It was explained well to me by my "Black" boss...

Please don't just cite your Black/African American boss. I consider it the equivalent of "some of my bestfriends are Black" when a topic doesn't call for it.

[AOII Angel]

Originally Posted by DrPhil

Yes, I know all about PG.



Please don't just cite your Black/African American boss. I consider it the equivalent of "some of my bestfriends are Black" when a topic doesn't call for it.

He's a pretty good judge of the make-up of PG County as the President of the PG Medical Society. And, I wouldn't call us friends. Since I only practiced there 3 years, I thought his 20 years of knowledge was more pertinent.

[DrPhil]

Originally Posted by AOII Angel

He's a pretty good judge of the make-up of PG County as the President of the PG Medical Society. And, I wouldn't call us friends. Since I only practiced there 3 years, I thought his 20 years of knowledge was more pertinent.

So his being your "Black" boss who doesn't like being called African American isn't the gist. Good.

******

This isn't a slight to AOII Angel/

PG is predominantly African American. Its ranking as the most affluent African American community is moreso based on how it compares to other African American communities (as the article states "...the most affluent county in America with a majority African-American population" and "...with a majority African-American population. Average income in the county is almost double the national average for Black families") and less on how it compares to non-African American communities. The most affluent African American community will typically not be considered affluent when compared to affluent white communities.

As with most cities and counties in America, a more affluent African American community in PG doesn't mean the larger county is well-off. PG has economic and other issues (as unfortunately can be expected based on a number of correlates). But, so do other cities and counties across the country--yet those cities and counties with high poverty and crime still manage to have white communities that people consider affluent without any disclaimers. Funny how that happens and that speaks to the topic of this thread even more.

/not a slight to AOII Angel

[AOII Angel]

Originally Posted by DrPhil

So his being your "Black" boss who doesn't like being called African American isn't the gist. Good.

******

This isn't a slight to AOII Angel/

PG is predominantly African American. Its ranking as the most affluent African American community is moreso based on how it compares to other African American communities (as the article states "...the most affluent county in America with a majority African-American population" and "...with a majority African-American population. Average income in the county is almost double the national average for Black families") and less on how it compares to non-African American communities. The most affluent African American community will typically not be considered affluent when compared to affluent white communities.

As with most cities and counties in America, a more affluent African American community in PG doesn't mean the larger county is well-off. PG has economic and other issues (as unfortunately can be expected based on a number of correlates). But, so do other cities and counties across the country--yet those cities and counties with high poverty and crime still manage to have white communities that people consider affluent without any disclaimers. Funny how that happens and that speaks to the topic of this thread even more.

/not a slight to AOII Angel

Nah, the main gist was I said AA a gazillion times then called him Black...because he hated being called AA. Those are two different topics. It was pertinent who I got the information from because of who he is and where he lives.

I don't care if it was a slight to me or not, it's pertinent to the conversation so that people don't get this idea that a bunch of rich black people ran around getting McMansions and got what they deserved. These are middle class Americans who are hard working and don't deserve that label.