The not wholly historically accurate Guns of Singapore metaphor is helpful here. Our society so focused on the problem of not enough mortgage money being lent to nonwhites that, surprise, surprise, we ended up lending too much mortgage money to nonwhites during the Housing Bubble.

The narrative is that People of Color are discriminated against in getting home loans despite being as qualified as white applicants. If true, wouldn’t default rates among PoC be lower than that of whites since allegedly only the absolute most qualified PoC received loans? — Willie Whiteman (@BadYTBad) December 18, 2019

Interestingly, a dozen years later, almost nobody is aware of this fact that has been documented over and over by social scientists since 2008.

[Comment at Unz.com]

