Noting that no one in northern New Jersey would sell her Chinese parents land to build a house in the 1950s, Ngai reminds us of the real estate industry’s systemic discrimination in the 19th and 20th centuries against Asians, Blacks and Jews. They view it as bad for business, which is undeniable.īut it’s worse than that, as Mae Ngai explains in a New York Times op-ed. Industry heavyweights including Steve Ross’ Related Companies, Barry Sternlicht’s Starwood Capital and the Real Estate Roundtable are trying to roll it back.
Florida’s law has already caused Lennar to delay at least two developments.