>>I have no problem not giving loans to people who can't pay them back, or whose history shows that they won't pay them back. But blocking entire neighborhoods isn't the way to do that, and prevents those neighborhoods from being rehabilitated. Every borrower and house should be evaluated individually.
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>>Tamar
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>I agree, but I think the law was overkill. People should be based on their own track record, assets, etc. Now, having said that, how do you feel about insurance companies charging higher rates for people in the hood, just because it's a more dangerous bet for them?<g>

Interesting problem. I see both sides here. Life is more expensive for people in poor neighborhoods in a lot of ways. Insurance is just one of them. They also tend to have to pay more for food, and have less variety and lower quality options. None of this helps those who are really trying to improve their lives.

Tamar