Overnight News: Redfin produces “study” demonstrating that black would-be homeowners make substantially poorer choices – blames racism.

I would dearly love it if some impresario would put me on a stage with Redfin CEO Glenn Kelman, so we could discuss his strategy of race piracy as a business plan.

As discussed, I find the bigotry repellent, not the least because, as with every other Black Lives Mattering, Redfin is deliberately misleading black people – ultimately in order to prey upon them.

Accordingly, Redfin has just produced a dubious study purporting to prove that black wannabe home buyers are beset by racism – rather than by the accumulated consequences of habituated poor choices.

Witness:

That chart is intended to prove that black homeowners’ brows bead up with more-photogenic sweat, as they toil for their houses. What it actually shows is that – among Redfin’s very small, self-anointed data set – the white homeowners made much wiser decisions: Saving rather than spending, not paying extra taxes as a diminishing return and not robbing the family of quality time.

I’d love to see the questions, but I’d rather add my own:

• Did you grow up with both of your parents?
• Are they still together?
• Are you legally-married?
• How many family transitions occurred while you were trying to buy a home?
• At what age were you taught to swim?

It is beyond doubt that, considered contrafactually as groups, black Americans tend to be poorer in intellectual and social capital than white or yellow Americans, but blaming that on anything other than parental negligence seems specious to me. It is both false to fact and contrary to good sense: The only way to fix unmade beds is to make them.

Redfin is a liar in a choir of liars: It laments what upwardly-mobile black people are getting wrong while obscuring these obvious facts and refusing to share the good news: If you manage your family, career, time and money like your white and yellow colleagues, you will achieve the same results financially.

Since Redfin is not doing anything like that, it is safe to assume that they are lying and pandering in order to prey upon black consumers – just like every other corporate race pirate.

In other news:

CNBC: Home prices surged in April at a ‘truly extraordinary’ rate, S&P Case-Shiller says.

The San Francisco Chronicle: Californians are fueling Austin’s housing frenzy: ‘We’ve never seen migration like this’.

Mike Del Prete: iBuyers Beginning to Target the Northeast Market.

Zero Hedge: More Police Officers Have Retired Or Quit In The Past Year Than Ever Before, New Survey Shows.

Joel Kotkin: Fully Oligarchic Luxury Californication.