Question

Once an area is red-lined, this means that there is no bank in the country

9:57
that will give you a conventional mortgage if you attempt to purchase in that area.

Answer 1

[AI-generated answer — Bot GPT 3.5]

Redlining typically occurs in areas that are considered high-risk or low-income, leading banks to deny loans or offer less favorable terms to potential homebuyers in those areas. This discriminatory practice has historically contributed to segregation and inequality in housing markets.