16 Aesthetically Pleasing Photos Of Maximalist Home Decor
maximalism instead. I totally welcome this time of embracing the eccentric when it comes to home decor.
So, if you haven’t heard, let me be the first to tell you that minimalism is out and maximalism is in! I spend a lot of my time scrolling the r/maximalism subreddit, where people celebrate their creativity with decadent displays of swirling colors and differing patterns. What makes it even better is that even though it may look expensive, it’s more affordable than splurging on overpriced home decor at department stores because you can get most pieces from thrift shops (we love sustainability) or by repurposing things you already own that are just laying around the house.
Here are 16 photos that fully demonstrate all the pillars of maximalist decor:
1.
I’ve seen enough specifically themed living rooms where every single thing HAS to match. I’m over it! There are no rules with maximalist decor. You are the theme!
2.
A “gallery wall” is a major part of maximalism. If you want your pieces to look a bit more cohesive, this can easily be achieved by using the same frame for each of them:
3.
Or, you can go for frames that are slightly similar, but a teensy bit different:
4.
Even if the frames don’t match at all, it can still work and look stunning! The goal of maximalism is to take up space and become ensconced in your favorite things:
5.
Like I said, there are no rules. You don’t need to use any frames at all if you don’t want to! You could even overlap the art on your gallery wall and create a moment that’s more gallery and less wall:
6.
Beyond just hanging up pictures, I love seeing the most random things being used as decor. It turns your home into a crafty little game of “Where’s Waldo?” because why shouldn’t you put a purple meteor on the wall?
7.
If having a coffee mug clock and a framed picture of a lobster on the same wall is wrong, then I don’t want to be right:
8.
There are zero creative restrictions when it comes to maximalism, so you don’t have to stop at the wall. You can hang things — like tapestries — on the ceiling if you want to:
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You can get creative with things you already own — like books:
10.
Or plants:
11.
Another approach to maximalism is splashing bright colors and patterns all over:
12.
Like this kitchen that makes me feel like I’m cruising down Rainbow Road in Mario Kart:
13.
Or this living room that pushes the boundaries with its bright blue wall juxtaposed with a black and white striped wall:
14.
Maximalism doesn’t even have to be a bright explosion of color either:
15.
Even the ~dark and stormy aesthetic~ girlies can get in on the action:
16.
This room brings together all of the elements: a gallery wall with different pieces that somehow flow together along with mixing colors and patterns:
No matter what your personal aesthetic is, there’s a way for you to maximize your home and create a one-of-a-kind living space that’s totally independent to you and only you. Let me know in the comments which one of these rooms was your favorite!
Architect Louis Naidorf had a disastrous 80th birthday cake. In 2008, Naidorf, who designed the Capitol Records building in Hollywood, was presented with a celebration cake that had been custom-baked in the shape of his iconic cylindrical building. But the pastry soon reflected the rather substantial difference between concrete and flour.
“When the cake was brought out, it gently collapsed, and everyone applauded,” Naidorf says, laughing over the phone from his home in Santa Rosa. “It was like in one of the movies where the Capitol Records building was destroyed.” Thankfully the cake for his 95th birthday, which he celebrated last month, was more structurally sound.
Designated a historic-cultural monument in 2006, the building has long been a favorite Los Angeles landmark to demolish on film — especially for filmmaker Roland Emmerich, who blew it up with an alien spaceship in “Independence Day” and slammed it with twisters in “The Day After Tomorrow.” Yet no movie can ever write the building out of a central place in popular music history. The tower is synonymous with the illustrious Capitol Records, home of Nat King Coleand Frank Sinatra, and the American record label of Pink Floyd and the Beatles, with the latter’s stars lining the Hollywood Walk of Fame right in front of the building.
Over the last several years, the building has been illuminated in support of various sociopolitical causes. In 2020, it was lighted red to support independent music venues. Last year, during their performance in Hollywood, Duran Duran lighted the Capitol Records building blue and yellow in solidarity with Ukraine. “I think that’s excellent,” Naidorf says. “Anything that vigorously engages the public on the right side of good causes transcends other issues. I’m flattered they use the Capitol Records building. It means it has enough cachet to merit being chosen to do that.”
Like the famous landmark he designed, Louis Naidorf has of late been experiencing his own brush with stardom, with postcards from autograph seekers arriving at his door. He is flattered but doesn’t take the attention too seriously.
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“It’s obvious that if someone asks me for four signatures I’m part of trading baseball cards or something,” he says. “They are going to trade four Lou Naidorfs for one Joe Smith.”
Still, he’s surprised and somewhat baffled by the sudden burst of recognition after all these years. “I guess my name ended up on a list or something,” he shrugs.
Naidorf was just 24 years old when he designed the Capitol Records building, in 1953. It was the world’s first circular office building.
Though it was 70 years ago, he vividly recalls how he felt when he received the assignment for his first solo project. “At one level, I felt enormous anxiety that if I didn’t get a solution, very, very quickly, something terrible would happen,” he says. “On the other hand, I felt a total confidence that I could do it. So it was a crazy contradiction.”
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Naidorf notes the building’s porcelain enamel sunshades with carefully spaced gaps to play with light and shadow. These cause spiral lines to appear on the building, drawing the eye into a rhythm rather than straight up and down. “You can see Capitol Records from quite a distance and you get a first impression of its basic form and character. You have a reading of it as complete,” he says. “But the building is designed so that the closer you get to the building, you discover more details.”
What about the long-standing myth that its round shape was designed to look like a stack of records with a rooftop antenna resembling a phonograph needle? As hard as it might be to believe, the legendary story about the building is just a coincidence — an urban legend that Naidorf has tried to debunk for decades.
In fact, when his boss, Welton Becket, tasked him with the assignment, the building was simply referred to as Project X. Shrouded in secrecy, Naidorf was given little guidance for the project other than being asked to design a 13-story building on a sloped side street in Hollywood that had to be kept as cool as possible and had smaller than usual floor space. He also didn’t know for whom he was designing it. Naidorf says it was common for clients’ identities to be kept confidential during the initial planning stages of a project.
However, Naidorf relished the creative latitude. The absence of information left him unburdened by preconceived ideas. “I knew the door was open for something special. It urged me so strongly,” he says earnestly. “I felt, and I think all architects feel this way … there’s a drive to translate the mundane bare requirements that clients come in with into something that has some poetic qualities about it.”
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Naidorf then had an epiphany: The project’s requirements were “eerily resonant” with a series of circular buildings he had designed for his master’s thesis in college. “The round shape is a very efficient enclosure of space,” he says. “You get more bang for your buck.”
Not everyone agreed with his approach. Naidorf says that Capitol Records co-founder and President Glenn Wallichs became irate when Naidorf presented him with a model and drawings of a round building, and “violently rejected” the design. “He thought it was a cheap stunt designed by a young guy to make the building look like a stack of records,” Naidorf says, laughing.
Wallichs insisted that Naidorf replace the round design with plans for a rectangular building. But when both rectangular and circular designs were presented to the insurance company financing the land, Naidorf says that Wallichs was urged to proceed with the round design.
Soon after, when talk of the building housing a radio station (that never came to fruition) was raised, Naidorf fretted when he was asked to design an antenna. He was worried that it would look like a phonograph needle and cement the idea that the building was designed to look like a stack of records.
Owing to his nagging concern, Naidorf positioned the rooftop spire asymmetrically, poised to appear as if it touches the roof delicately, like “a ballerina en pointe.” He calls it the building’s “grace note.” Still, the stack-of-vinyl myth persists. Laughing, Naidorf says, “It’s the most enduring myth of all.”
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Despite his good humor, it leaves him conflicted. “The building was not designed as a cartoon or a giggle. To have it trivialized with the stack-of-records myth is annoying and dismaying,” he says. “There’s not a thing on the building that doesn’t have a solid purpose to it.”
Naidorf’s ingenuity has been especially impressive to Los Angeles-based architect Lorcan O’Herlihy, who says he has “often responded strongly to the fact and admired that here was this interesting architect [Naidorf] who was combining science and art, or artistry and technology. Welton Becket [& Associates], very much to their credit, were at a period where modernism was at its heyday and they had to come up with ideas that were new and fresh and they did it, and Lou was certainly instrumental in that. His work is extraordinary.”
Naidorf was born in Los Angeles in 1928. His father owned a shop where he made and sold women’s clothing, with Naidorf’s mother lining the garments. Owing to his father’s lack of accounting skills and business acumen, however, the business often collapsed, forcing his parents to work at a garment factory until debts could be paid off to reopen the store.
Throughout his childhood, Naidorf’s family struggled financially as they moved around, living mostly in Silver Lake and Los Feliz. With only enough money to rent studio apartments, Naidorf’s parents slept on a Murphy bed while Naidorf spent his nights on a mattress on the floor.
As a little boy, Naidorf felt drawn to buildings. When his third-grade teacher decorated the classroom with a Hawaiian vacation theme, his fascination morphed into a calling. “I asked my teacher who made the drawings and she said, ‘Naval architects.’ And then I asked her who draws the plans for houses and she said, ‘Architects.’ She told me to ask my mother to show me the floor plans that were published in the real estate section of the Sunday edition of the newspaper.
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“When I saw them, I was a goner,” he swoons. “I now knew what I wanted to do. I wanted to be an architect.”
Naidorf remembers, at age 8, designing a three-bedroom house, using a card table as a makeshift drafting table. Soon after, he began designing small towns. “It wasn’t anything brilliant, but I was learning to draw, learning to scale and learning to think in spatial terms,” he says. When he was 12 years old, Naidorf got a part-time job at a bookstore, where he spent his first two paychecks on architecture books, absorbing them until they were threadbare.
Beyond literature, Naidorf amassed a growing collection of architectural materials (T-square, rectangles, instruments for ink drawings), thanks to his bar mitzvah presents, and decided he was ready to get to work. Sanford Kent, a young architect who had just graduated from USC, hired a tenacious 13-year-old Naidorf, paying him out of his own pocket.
Naidorf says tackling the abstract problems Kent gave him at once stimulated his mind and were instrumental in forming his long-standing ethos. “It got me thinking about architecture in terms of its effect on human emotions. The key issue is, ‘How do people respond to your work, whether from a distance or by living it?’” he says.
He continued to soak up whatever he could about architecture, gearing his junior and high school classes toward studying architecture in university. He attended UC Berkeley instead of the privately funded USC, not only to leave home and expand his horizons but also because of its affordability.
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Even still, Naidorf couldn’t afford all of the program’s required materials. He borrowed airbrushes from his fellow students, who would also give him their pencil stubs instead of tossing them out. Naidorf submitted his assignments on pebble board, which was not only cheaper than illustration board but allowed him to draw on one side, flip it over and draw on the other.
In 1950, Naidorf graduated at the top of his class and got his master of architecture degree a year early. He skipped his graduation ceremony because he had a job interview the next day at Welton Becket & Associates, where he was promptly hired. Among his earliest design assignments: a tray slide for a hospital cafeteria, a clothes closet and a “Please Wait to Be Seated” sign for a restaurant.
Three years into his employment, he began working on the Capitol Records building. Naidorf says he would design it the exact same way if he were given the assignment today.
Andrew Slater, former Capitol Records president and chief executive (2001-07), attests to the building’s distinctive charm. “When you go to work every day in that building it’s like you’re going into a piece of art, and it informs your attitude … to do something with that mindset, which is great,” he says. “Even though working in the music industry is, in a sense, an industrial endeavor, you never felt like you were doing anything industrial when you walked into that building.”
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Still, Naidorf fears being perceived as a “Johnny One Note,” as he puts it. Noting the plaque bearing his name outside the building’s main entrance, he expresses gratitude but wariness “that this one modest project has to carry my whole reputation on it.”
It’s a fair point, given the magnitude of Naidorf’s notable oeuvre. It’s earned him 17 regional honor and merit awards and AIA California’s Lifetime Achievement Award (2009). His work also has been featured at the J. Paul Getty Museum in Los Angeles.
“I know Capitol Records is always the first one people talk about and it’s a splendid, iconic building that fuses artistry and functionalism, but he’s also produced other projects over the years,” says fellow architect O’Herlihy. “The Santa Monica Civic Auditorium is brilliant.”
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Naidorf designed the 3,000-seat capacity Santa Monica Civic Auditorium on the heels of the Capitol Records building, in the late 1950s. Essentially two buildings in one, it was a challenge to design a locale that functioned at once as a performance space with a sloped floor and an exhibit hall with a flat floor for sports events, banquets and trade shows.
He transformed the floor from flat to tilted using a hydraulic system that was hailed for its innovation. “I don’t think you’ll find any place that has a symphony on a Friday night and a gem show, or some kind of hobby show, on Saturday,” he says.
Formerly home to the Santa Monica Symphony Orchestrabut currently sitting vacant, the Civic Auditorium opened its doors to the public in 1958. From 1961 to 1968, it hosted the Academy Awards. It also was the site of live recordings including George Carlin’s comedy record “Class Clown” and the Eagles’ “Eagles Live,” a double LP recorded during their three-night run at the venue. It also hosted “The T.A.M.I. Show” in 1964.
In the meantime, while the Civic was still under construction, Naidorf designed the 15,000-seat capacity Los Angeles Memorial Sports Arena, the biggest arena in Los Angeles when it opened in 1959. (The arena was demolished in 2016 to make way for the Banc of California Stadium, now called BMO Stadium.)
Naidorf says the Sports Arena, home to various Los Angeles sports teams including the NBA’s Lakers (1960-67) and Clippers (1984-1999) and the NHL’s Kings (1967-68), was built to attract sports teams to Los Angeles, but uncertainty about whether they’d catch on meant the facility had to be viable for other purposes.
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In 1960, a year after it opened its doors, the Sports Arena hosted the first Democratic National Convention in Los Angeles, where John F. Kennedy became the presidential nominee. Muhammad Ali (then known as Cassius Clay) won a boxing match there in 1962. It also hosted rallies by Martin Luther King Jr. and the Dalai Lama, and saw concerts by legendary rock acts including the Grateful Dead.
Bruce Springsteen played the venue’s final concerts before the building was demolished, a three-night stint during which he dedicated his song “Wrecking Ball” to the building lovingly nicknamed “The Dump That Still Jumps.” “Well, it was pretty dumpy by the end,” Naidorf says, laughing. “Not all architecture is permanent,” he continues. “I’d rather it was demolished and some useful purpose made of the site than having it sit there old, shabby and neglected as it was.”
Naidorf’s credits also include the Beverly Hilton Hotel, the Beverly Center and the Reagan State Office Building downtown. Outside of Los Angeles, Naidorf helmed the restoration of the California State Capitol Building in Sacramento, a six-year undertaking and then the largest-ever restoration undertaken in the U.S., and he designed President Gerald Ford’s house in Rancho Mirage.
The tallest building in Arizona, the Valley National Bank building (now Chase Tower) in Phoenix, also was designed by Naidorf, as well as the Hyatt Regency Dallas and adjacent Reunion Tower, the most recognizable landmark of the city’s skyline.
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He details these and his other high-profile projects in his 2018 book “More Humane: An Architectural Memoir”, filled with photos, backstories and personal anecdotes. Flipping through its pages, one learns that Naidorf not only took risks designing his projects but even risked his job on occasion.
He writes in his memoir that in 1958, when he was designing the Humble Oil (now Exxon) headquarters in Houston, he refused to design separate locker rooms and drinking fountains for Black and white people, as the company asked him to. When he went home on that Friday night, he describes not knowing if he’d have a job the following Monday. Not only did Naidorf not lose his job, he says, but the company ceased segregating its locker rooms and drinking fountains after that.
“I realized architects have access to some of the most powerful people in the world and it is our job to bring up issues that represent social issues rather than just architectural design,” he says. “The only thing for evil to triumph is for good people to remain silent. Architects should not remain silent.”
Naidorf also understood that sometimes he was designing projects where people don’t want to be, like the Naval Medical Center in San Diego, which opened in 1988. “I felt that there were two emotions we had to contend with,” he says. “One was to lay the sense that this would be welcoming and have a more personal quality. But if you go to a hospital you want a quite contradictory thing. You want to have a sense that it’s state-of-the-art, that whatever powerful forces can cure you, they’re there.”
Instead of one medical building, which he felt would seem ominous, he designed several structures and a series of outdoor walkways to make the facility feel warm and comforting. The treatment and diagnostic part of the facility was bold, with an abundance of steel and glass. Walkways were lined with floor-to-ceiling glass to allow patients to see the outdoor courtyard, grass, trees, sky and distant views of a golf course “based on the primitive feeling you have in the hospital, which is to get out of the damn place,” he says.
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When he was out shopping a few months ago, Naidorf met a woman who mentioned that she had been in the Navy, forcing her to move around a lot when her son was battling childhood leukemia. Without knowing she was talking to the Naval Medical Center’s designer himself, she told Naidorf that it was the only hospital that didn’t scare her ill 6-year-old son, who has since made a full recovery.
“What kind of an architect…,” Naidorf says, overcome with emotion and his voice breaking, “do you have to be not to hold that as better than any design award?”
Though Naidorf had risen through Welton Becket & Associates’ ranks to become vice president, director of research and director of design, he grew increasingly unhappy after the firm’s merger with Ellerbe Associates (it was renamed Ellerbe Becket). He moved into academia full-time in 1990, spending just one day a week at the firm.
Naidorf became dean of the School of Architecture and Design at Woodbury University, earning numerous distinctions, including teacher, faculty member and administrator of the year. He was also a guest professor at UCLA, USC, Cal Poly Pomona and SCI-Arc. At his retirement ceremony in 2000, he was awarded an honorary doctorate, marking not only the end of his academic career but also his time in Los Angeles.
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Charmed by the beauty of Northern California, Naidorf moved up the coast to Santa Rosa. For the next 15 years, he continued working with Woodbury University as campus architect, designing and remodeling some of its buildings, and was invited to be a board member.
When he parted ways with Woodbury at 87 years old, it was not with the goal of taking it easy. Naidorf had other pursuits in mind, including his work with City Vision Santa Rosa revitalizing the city’s downtown area.
He also helped his close friend, Mike Harkins (who edited Naidorf’s memoir), design his new house free of charge after the 2017 Tubbs Fire burned Harkins’ home to the ground and he and his wife lost 99% of their belongings.
“Lou offered without solicitation: ‘I’d like to design your house,’” Harkins says. “To me or anyone else who knows him, it was a heartfelt offer that of course he would make, and yet so much more. One analogy might be if Eric Clapton said, ‘I’d like to play at your wedding.’ The knowledge and sensibility that comes along with a Naidorf design offering is huge, just like his heart.”
Most recently, Naidorf has been experimenting with plans for a project to help people who are unhoused.
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Naidorf has made the most of his architecture license over the last 71 years. His voice fills with pride when he reveals that he holds the earliest issued active architecture license in the state of California, obtained in 1952.
“It’s something I wanted to be since I was a little kid. My architecture license was so hard to come by. I don’t want to give it up,” he says with palpable emotion. “I don’t want to be retired. I want to be an architect until I fall over. I plan to be buried as a licensed architect.”
Of recently turning 95, he jokes that he feels like a bad vaudeville performer who soon will be pulled offstage by a hook. But Naidorf remains in remarkably good health after surviving both prostate and esophageal cancer in his 80s.
To keep his brain sharp, he does exercises including counting backward from 100 by sevens and taking IQ tests online.
As a nonagenarian, he says there is no key to living a long life. He suggests, though, that it helps to try to use it well. “It’s not how big the steak is but how tasty it is,” he says. “I think you have to seek a calling, listen for it and search for it. Find something in your life that is really yours. … Get engaged with something that’s going to scare you, something where the problems are hard. And take risks. There is no failure.”
He also notes the importance of adaptability. “I have had four marriages. I’d better be resilient,” he quips. Twice divorced and twice widowed, Naidorf has a daughter from his first marriage, four stepchildren (who call him “Dad”) from his fourth marriage, 11 grandchildren and six great-grandchildren. An intensely private man, he’s reticent to speak publicly about his relationships and family, preferring to focus on his work.
“I remain so fascinated with architecture,” he says. “I cannot even walk past a store where somebody is putting in an electrical outlet without stopping to look in and watch it.”
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The chatty Naidorf turns summarily succinct, saying, “I certainly have had a good run.”
The proliferation of special-purpose credit programs should help increase homeownership rates among Black households, but it won’t happen without specialized expertise and intentionality, according to industry leaders.
The products have gained traction in the aftermath of 2020 racial justice protests following the death of George Floyd as businesses attempt to address wealth disparities between Blacks and whites. Since the end of the Great Financial Crisis, the difference in homeownership rates between Black and white households has widened, with the 2020 gap exceeding the difference that existed in 1960.
But offering SPCPs is not about doing “a good thing,” according to Nikitra Bailey, executive vice president of the National Fair Housing Alliance. They ought to be a business priority moving forward as well.
“We know that seven out of 10 future borrowers are going to be families of color,” she said at a September roundtable discussion organized by four government regulating agencies. “This is actually about the health and the financial safety and soundness of our mortgage market.”
Financial institutions that have taken the initiative to introduce SCPCs in the past two years say that success depends not only on having more minority loan and banking officers. Desired outcomes can only occur by bringing to the table historical knowledge and sensitivity to enable effective communication with the stakeholders they’re meant to serve. Those types of efforts may require a shift in the typical approach to customer acquisition and originator compensation.
“We’re building the trust within the community, recognizing that there’s still a level of mistrust with banks amongst minority communities,” said Michael Innis-Thompson, senior vice president and head of community lending and development and fair lending center of excellence at TD Bank, which has offered SPCPs since early 2022.
Recognizing the need to have professionals who both look like and can relate to their likely clients, TD created a network of community mortgage loan officers serving as “credible intermediaries” to help build that trust, Innis-Thompson said.
With community loan officers focused on outreach to low-to-moderate income people of color, “their payment structure is designed, so that they have a salary to compensate for the additional community work they do on top of loan commissions, versus a standard loan officer that’s on pure commission,” he said.
“There’s an incentive for them to continue to develop these relationships, and we designed it specifically that way.”
Much of the work involved with strengthening SPCPs entails finding partnerships in neighborhoods. With a great deal of nuance in each program as well as differences between individual SPCPs, there’s a fair amount of education required before the first transaction can take place, according to Dale Baker, president of home lending at KeyBank.
“We do sit down with Realtors, we do work with various community groups, trade associations, affinity groups, faith based organizations, to provide education. And, in exchange they help us with getting the information out to their members, constituency, et cetera, in order to take advantage of this funding,” he said. Baker also added that KeyBank has received interest from loan officers themselves who want to join the company as a result of their bringing SPCPs to the market.
The most constructive partnerships make the work for lending officers simpler, thanks to the backing of influential sources.
“When you’re dealing with community organizations, for example, those are trusted intermediaries that potential homebuyers go to. When they’re sharing the information, they consider it credible.” Innis-Thompson said.
The work behind special-purpose credit programs don’t end once the loan closes, but require regular monitoring to improve upon them. While the fine details may seem complicated, having analysts who can examine processes and identify missed opportunities is vital toward fulfilling the mission SPCPs were created to address. Even after their programs rolled out, lenders continue to sort through their data to see if they failed to offer the program to an eligible borrower.
“That’s a key point about any special-purpose credit programs — monitoring to see if it’s really having the effect that it was designed to have,” Innis-Thompson noted.
Among the various decorating trends; like maximalism, mid-century modern and bohemian, one stands out and even influences others. Scandinavian decor, as seen at your local IKEA, is characterized by a combination of simplicity, functionality and a strong emphasis on natural elements. With its growing popularity and increasing influence on minimalism, Scandinavian decor is a worthwhile deep dive for those design enthusiasts in search of a crisp and clean functional space.
Popular for its practicality and functionality, this Nordic-design style curates calm yet creative spaces perfect for entertaining, working and living. When navigating the design world, whether you’re an aficionado or a first-time renter, everything you ever wanted to know can be found within Scandinavian decor, without an airline ticket or an interior designer.
What is the Scandinavian decor style?
This interior design style originated in the Nordic countries of Denmark, Norway, Sweden and Finland. The Industrial Revolution led to significant changes in society which saw a transition from handmade goods to mass production. In response to this, Scandinavian designers began to emphasize quality craftsmanship and simple, functional designs.
The style gained international recognition and popularity in the mid-20th century, specifically the 1950s and 1960s. This period is often referred to as the “Golden Age” of Scandinavian design which emerged alongside the mid-century modern movement.
Scandinavian modern style, during this time, prioritized affordable yet sleek furnishings and interiors through clean lines, functional furniture and a neutral color palette. Influential designers like Arne Jacobsen, Greta Grossman and Hans J. Wegner created iconic pieces that are still celebrated today.
Defining features of Scandinavian decor
While it’s easy to envision what your last trip to IKEA was like, Scandinavian interiors are much more than simple furnishings and clean designs.
Emphasis on minimalism: Minimalism and Scandinavian decor walk hand-in-hand in the design world. The minimalist philosophy of “less is more” lends itself well to the simple, functional and intentional pieces found in Scandinavian decorated spaces.
Neutral and light color palette: A predominantly white or light color scheme is a hallmark of Scandinavian decor. White walls and ceilings are often complemented by soft, neutral colors like light gray, beige or pale pastels in furnishings. This light color palette helps maximize the natural light in the space, especially during the long, dark winters in Scandinavia.
Natural material usage: Scandinavian decor emphasizes the natural beauty found in nature and natural materials. Materials like wood, stone and leather are commonly used for furniture and flooring. These materials add texture and visual interest to Scandinavian spaces.
Functional furniture and lighting: As IKEA has shown, Scandinavian design is about dual functionality with style. Furniture that serves a dual purpose of practicality and flair.
Focus on sustainability: Nordic countries have a strong focus on sustainability, which carries over into their design choices. Think of eco-friendly materials that are made of reusable materials like recycled wood.
Bringing Scandinavian style into your home
Finding the perfect Nordic-inspired pieces may seem challenging. We’ve compiled some of our favorite pics to get you started on your dive into Scandinavia.
This modern accent chair
Source: Amazon
The unique shape, texture and neutral color of this accent chair make it the perfect addition to your living room. Available in two sizes, this modern furniture piece is sure to fit into a current design scheme while bringing a visual interest and cozy vibe to the space.
This bright linen lamp
Source: Amazon
Scandinavian decor harps on the usage of natural materials. This linen lamp mixes soft linen with sleek natural wood to create a great addition to your bedside table, office desk or bookshelf.
Not to mention, bright light is also encouraged in Scandinavian decor to break apart the monotony of a neutral color palette and brighten up the space. This lamp does just that with the click of a button.
The dining chairs that blend neutrality with texture
Source: Amazon
Dining chairs, while not considered large pieces of furniture, are unique ways to incorporate design styles into your dining room or kitchen area. These modern chairs are unique in the sense that they incorporate the natural texture of leather webbing. These unique chairs are sure to be a conversation starter at your next dinner party.
This functional and stylish coffee table
Source: Amazon
Functional furnishings are a hallmark of Scandinavian spaces. This coffee table with an extra storage level serves as not only a place to hold your morning cup of joe but also a convenient spot to tuck away your favorite books, magazines or remote controls, promoting a clutter-free and organized living area.
This visually interesting wall art set
Source: Amazon
Can you count all of the clean lines created in this wall art set? The lines are truly endless, earning it the stamp of Scandinavian decor approval. The black and white geometric patterns within this set add some vibrancy to the neutral and modern space, making it a fantastic addition to your wall space.
Your sleek Scandinavian space awaits
Combining minimalist with functionality creates an intentional space that feels clean and sleek, which is a great place to start on your journey with design. Scandinavian interior design not only fosters a sense of serenity but also encourages an appreciation for the beauty of simplicity. Embrace the Scandinavian decor ideas to transform your living space into a sanctuary of both aesthetics and purpose.
Still looking for that perfect space to curate your Nordic design dream? Find the perfect place in one of our available apartments for rent.
Wesley is a Charlotte-based writer with a degree in Mass Communication from the University of South Carolina. Her background includes 6 years in non-profit communication and 4 years in editorial writing. She’s passionate about traveling, volunteering, cooking and drinking her morning iced coffee. When she’s not writing, you can find her relaxing with family or exploring Charlotte with her friends.
Falling behind on your debt can be frightening. You may wonder if the creditor will come for your property or sue you. Sometimes, you don’t even realize you owe a debt before a credit collection service comes calling. But you do have rights and options. Get some tips for negotiating with creditors below.
In This Piece
1. Determine Whether Negotiation Is the Right Move
Settling your debt isn’t always the right move. If you can pay your debt off quickly without settling, it may be better for your credit. On the flip side, the debt will cost you more money.
Consider the big picture of your personal finances to figure out whether you should just pay off your debt fast or negotiate for more time or a lower payment requirement.
2. Make Sure the Debt Is Yours
While you’re thinking about whether debt negotiation is right for you, take some time to validate the debt. Mistakes happen—and so does fraud. It’s possible you didn’t originate the debt yourself, and if that’s the case, you can dispute it.
While validating the debt, you should also check that it falls in the statute of limitations. If debt falls outside the statute, collectors can’t continue to collect it and the creditor can’t sue you for the debt.
3. Don’t Negotiate Without Knowing What You Can Afford
If you decide to settle a debt, figure out what you can afford. Sit down and go through your finances with a fine-tooth comb. What do you really need to spend money on every month, and what can you kick to the curb? Go to the negotiating table with a firm figure in mind. Keep in mind that lump-sum settlements generally cost less in total than monthly repayment plans.
4. Understand Your Rights
Under the terms of the federal Fair Debt Collection Practices Act (FDCPA), creditors and debt collectors aren’t legally allowed to:
You also have a right to information about your debt, such as the name of the original creditor and how much you owe. Knowing your rights helps you protect yourself throughout the negotiation process.
5. Keep Your Story Straight
Falling behind on debt often happens because of serious life factors, but reps at credit collection services or lenders aren’t counselors. They’re just employees trying to do a job.
Give a condensed version of why you can’t pay your debt as agreed, and avoid drama. If you’re in a difficult situation, make that clear, and tell your lender what you’re trying to do to get back on track.
Before you talk with your creditor, it might help to write down and rehearse a few go-to sentences. This can make the discussion less emotional, making sure you’re better able to discuss the details and stand up for your rights.
Whatever you do, tell the truth. It’s much easier to keep the truth straight, and you’ll feel better if you don’t tell tales.
6. Ask Questions
Don’t be afraid to ask questions. You have a right to know where the debt came from, how the total amount owed was calculated and what fees might be included.
7. Take Notes
Talking about debt can be stressful and overwhelming. Keep a pen and paper handy so you can take written notes whenever you communicate with a debt collector. Make sure you write down the full name of the person you spoke to, the time of the call, how long the call went on and what you spoke about. You should also jot down any of the bad behaviors we mentioned above if they occur to create a written record of potentially illegal collection practices.
8. Read and Save Your Mail
It can be tempting to throw bills in the trash, but don’t do it. Instead, open them, read them and face your debt head-on. If a debt looks familiar, put the bill in a file and think about how you’d like to settle or discharge the amount. If you don’t remember accruing the debt, ask the lender for proof that you owe it.
9. Talk to Creditors, Not Collection Agencies
Try to negotiate with your original creditors before they sell your debts. Taking the bull by the horns at this stage could help you keep a few points on your credit score. Your original creditor may also have programs that can help you get back on track with payments.
10. Get Any Agreement in Writing
Get any settlement or repayment plan in writing as soon as possible once you conclude negotiations. Don’t pay any money before you see the agreement in black and white. If you pay before receiving confirmation, you might have trouble later on. Some unfortunate consumers end up getting chased twice for the same debt.
11. Stay Friendly
Debt is a nerve-wracking topic. It’s easy to get emotional when talking to creditors and debt collectors, but try to be friendly and stay on topic. Remember—debt collectors can’t come into your home and confront you, and they can’t take the resources you need to live away from you. If they start making such threats, end the conversation and report them instead of getting heated and angry.
12. Put the Past Behind You
Once you settle a debt, prepare to move into the future as positively as possible. Continue making your other payments on time to avoid this issue in the future. And keep an eye on your credit reports to ensure these old debts don’t crop up again via new collections accounts. Save all the records of your debt settlement so you can prove you don’t owe the money if that does happen.
Everyone predicted a revival in purchase money mortgage lending in 2013, and it looks like they’re right, so far.
During the first quarter of the year, an estimated $119 billion in purchase-mortgage loan originations were recorded, according to new figures from Inside Mortgage Finance.
This represented a 15% improvement over the same quarter in 2012. However, purchase originations were down 13% from the fourth quarter.
Still, things are only expected to get better, if the loan application data from the Mortgage Bankers Association (MBA) is any indication – demand for purchase mortgages was at a three-year high this spring.
And it appears as if the purchase market is just starting to heat up for the big summer buying period.
Late last year, the MBA predicted purchase activity would increase from $503 billion to $585 billion, while refinances were slated to slip from $1.2 trillion to $785 billion.
With mortgage rates on the rise, we’re finally starting to see the refinance share of the market cede to purchases, though the former still has a commanding 71% share.
Will the Higher Mortgage Rates Hurt or Help?
In case you haven’t heard, mortgage rates shot up over the past month, and the 30-year fixed is now going for somewhere in the low 4% range, as opposed to the low 3% range. Ouch.
Clearly this will make many rethink a refinance, and it could even influence some home buying decisions. Let’s hope most borrowers were locked prior to the onslaught.
Still, it’s easy to freak out over nothing – if you allow me to get historical for a moment, mortgage rates are still on the low, low end, even with this most recent uptick. And anyone purchasing a home today should be happy with a 30-year fixed at 4%.
However, happiness aside, there still is the qualification issue. Even if motivation is unscathed, there’s the more black and white numbers game.
Now that mortgage rates have increased nearly one percent, a lot of would-be home buyers may have been thrown out of the qualification pool as purchasing power has been diminished.
Even if they can afford the monthly mortgage payment, their higher debt-to-income ratio may not fly with banks and lenders.
Let’s face it, mortgage rates aren’t the main problem right now; the issue is finding a property that doesn’t involve a bidding war.
It’s hard to believe that the recent increase in rates would sway someone’s interest in purchasing a property, especially if they are willing to offer $50,000 above the list.
But it could thin out the eligibility pool, which would actually make it easier to land a property for those who do still qualify for a mortgage. So there is a silver lining there for some.
Good News for Mortgage Brokers?
While the higher rates may or may not be good for homeowners, the shift from refinance to purchase money should benefit local mortgage brokers.
When it comes to refinancing, borrowers tend to shop around for the lowest rate, whether that’s with their own bank or credit union, or with an online lender.
With home purchases, buyers are heavily influenced by their real estate agents, and many agents have broker friends they refer business to.
So as purchase mortgages gain traction, brokers may see an uptick in business, while online lenders and other not-present players will probably see volumes decline.
After all, a lot of borrowers will want to meet the individual handling their ever-important purchase loan.
If you’re a buyer, take a moment to think about your agent’s referral. Make sure you’re actually getting the best deal, and using someone reliable. Don’t just believe everything your agent tells you.
Read more: Is the real estate market about to be tested?
Candlesticks are price chart units that show the high, low, opening, and closing prices of a stock or security within a specified time period. Overtime, the candles create patterns that traders can use to predict price movements, trends, and reversals.
Most candlesticks consist of a body and upper and lower wicks, which are also known as shadows or tails.
Candlestick charts are commonly used, along with line charts, bar charts, and point-and-figure charts.
What Is a Candlestick Stock Chart?
Candlesticks originated in Japan, perhaps in the 19th century, as a means of tracking the prices of certain assets and commodities. When candlestick charts were introduced in the West, they originally were called Japanese candlestick charts.
The candlestick itself consists of an open area called the “real body,” which shows the range between the open and close prices, with the price movements in the specified time period shown as vertical lines or wicks (also called shadows) on either end of the body. The wicks indicate the high and the low for that period.
When the real body is filled in with black or red it means the close was lower than the open. When it’s white (blank) or green, the close was higher than the open. On most platforms, traders can alter the colors to whatever is easiest for them to read. Some candlestick charts are black and white.
Traders can set the desired time period they want to analyze; often a candlestick represents the price movements during a trading day. Candlestick patterns are formed by a series of candles within a designated interval (e.g. days or weeks). 💡 Quick Tip: Before opening any investment account, consider what level of risk you are comfortable with. If you’re not sure, start with more conservative investments, and then adjust your portfolio as you learn more.
Candlestick Charts vs Bar Charts
Like candlestick charts, bar charts show security price changes over time. Many traders think candlestick charts are easier to read; the thicker candle bodies make it easy to see the distinction between the opening and closing price and the high and low.
Bar charts are also often not color coded, making it more difficult to see price trends. However, some traders prefer the cleaner aesthetic of a bar chart.
What Do Candlestick Charts Tell Investors?
Candlestick charts are composed of candles lined up next to one another, each of which shows price movement between the specified time period. Because candles show price changes in certain time periods, traders can use charts to see trends and try to predict price changes.
Candlestick patterns can show that a negative or positive price continuation is likely, or that a price trend may reverse. Even a single candlestick can help traders decide whether to buy or sell.
Some investors use fundamental analysis of an investment to make trading decisions. But that in-depth analysis is typically not of interest to a day trader.
Day traders often use what is called technical analysis in an attempt to detect patterns in a security’s performance. Although this method is common in the financial industry, many debate the validity of these patterns and whether they can be predictive, or help investors anticipate a security’s future performance in any way.
Recommended: Understanding the Risks of Day-Trading
How to Read Candlestick Charts
Owing to the four main components of a single candlestick — the opening price, closing price, the high and the low — candlestick charts convey a lot of information. Essentially you have five data points in each candlestick:
• The opening price (indicated by the top of the real body)
• The closing price (the bottom of the real body)
• The high (the upper wick)
• The low (the lower wick)
Whether the day’s closing price was higher or lower than the previous close.
Parts of the Candlestick Chart
As described above, the part of the candle between the top and bottom borders is called the candle body, or real body. This represents the opening and closing prices of the time period that the candle depicts.
The candle body is more important than the wicks or shadows, because the wicks show high and low trades, which may be significantly different from the majority of the day’s trades. A longer candle body shows a stronger price trend in either direction.
Upper Wick
The vertical line above the candle body is the upper wick or shadow. The top of the shadow the highest price the security was traded at during the set time period. A long upper shadow indicates a bearish price direction: It means traders are unsuccessfully attempting to increase prices.
Lower Wick
The line below the candle body is the lower wick. The bottom of the wick marks the lowest price of the security during the set time period. If a wick is short, it means the opening or closing price was near the high and low trades.
Range
The range is the difference between the top and bottom of the real body. If the close was lower than the open, the real body is filled in (usually black or red. If the close was higher than the open, the real body is hollow or green (or another color of the trader’s choice).
While these are the components of a traditional or standard candlestick chart, some candlestick charts have candles without a top or bottom or wicks. 💡 Quick Tip: It’s smart to invest in a range of assets so that you’re not overly reliant on any one company or market to do well. For example, by investing in different sectors you can add diversification to your portfolio, which may help mitigate some risk factors over time.
Candlestick Chart Time Frames
Traders can select the time frame that each candle represents. One commonly used time frame shows the opening price, closing price, and high and low for a single day. Each candle in the chart would show the price movement in one day.
A trader could see that a stock price declined significantly over the course of the day, which could result in a continuing decline in the coming days.
The most commonly used time frames are:
• 1-minute (M1)
• 5-minute (M5)
• 15-minute (M15)
• 30-minute (M30)
• 1-hour (H1)
• 4-hour (H4)
• Daily (D1)
• Weekly (W1)
• Monthly (M1)
Shorter time frames essentially allow traders to zoom in on the price action of the chart. For example, an H1 chart would have four times the candles of an H4 chart, so traders can look more closely at price changes.
Basic Types of Candlestick Charts
Candlesticks are created by price movements throughout the specified time period. Taken as a cluster, candlesticks form patterns traders use for analysis and trend prediction.
Bearish and Bullish Patterns
There are two main patterns: bearish (the security’s price is likely to decline) and bullish (the security’s price is likely to rise). These reflect the common terms for bullish and bearish market conditions.
No pattern is a guarantee of a price change or of a security’s performance. Candlestick charts are therefore used more as indicators of potential price trends.
Doji Candles
If the price closes exactly where it opened, there is no candle body. This is called a doji and is marked with a cross. A doji candlestick is rare, but when it shows up it can be a predictor of a price reversal.
Marubozu
The marubozu is essentially the opposite of the doji. It has a long candle body and no wicks or shadows. This type of candle indicates that the price didn’t trade beyond the range of the open and closing prices.
Common Types of Candlestick Patterns
Certain candlestick patterns can help traders make short-term predictions about price movements. Although a single candle indicates whether buying or selling action is strong, it doesn’t necessarily mean that the long-term price will continue in that direction. This is why traders look at different time periods to get a sense for longer-term trends, and to understand support and resistance levels.
There are many ways to read candlestick charts, depending on trading strategy and time frame.
At first glance, candlestick charts can appear pretty random. But there are many bullish and bearish patterns traders can identify in order to try to predict price movements. It’s important to remember that patterns are not guarantees of future price movement.
Bearish Engulfing Pattern
If there are more sellers than buyers when a chart has been trending upward, traders will see a long red candlestick after a small green one. This can indicate that prices may decline.
Bullish Engulfing Pattern
The opposite pattern will occur if the price is trending downward but then a long green candlestick appears in the chart. This may indicate that prices will continue to increase.
Bearish Evening Star
The evening star pattern is uncommon, but considered a strong indicator of future price declines when it does show up. It’s generally a three-day candlestick pattern.
• The first day is a large white or green candle, indicating a clear rise in price.
• The second day shows a smaller candle, indicating a more modest price increase.
• The third day is a long red candle that opens at a lower price than the previous day, and closes near the middle of the first candle’s range.
Morning Star
The reverse of the evening star is the morning star, a bullish indicator. The first candlestick in this pattern is long and red, the second is short and lower than the first, and the third is a long green candlestick that closes above the center of the first, indicating an upward price trend.
Bearish Harami
This is a two-candle pattern. If traders see a small red or black candle body that fits completely within the previous day’s candle body, it could indicate a price reversal. Price action continuing downward after the small candle could indicate a longer-term downward trend.
Bullish Harami
A bullish harami is a three-day pattern that may indicate a reversal of a bearish trend. If there are two black or red candles, indicating the downward trend, followed by a small white or green candle that fits completely within the body of the previous candle, that may signal a bullish turn.
Harami Cross
The harami cross can be bearish or bullish. With a bearish harami cross, there is a long candle that’s part of a downtrend and it’s followed by a doji.
With a bullish harami cross, there is a long candle that’s part of an upward trend, also followed by a doji. In either case, the doji could signal a reversal of the trend.
Falling Three Methods
This is a bearish pattern that includes five candlesticks. Typically there is one day with a strong downward trend, followed by three small green candle bodies that stay within the boundaries of the first candle, followed by another long red candle. The falling three methods may signal an interruption of the trend, but not a full-on reversal.
Hammer
If the price significantly decreases but then makes a comeback and ultimately closes near the high, this is called a hammer. The hammer pattern has a small body and a long lower wick. It’s a bullish signal because it shows that the price was declining but then traders pushed it back up.
Hanging Man
The hanging man pattern is the opposite of the hammer. It is also referred to as an inverted hammer. This pattern looks like a square lollipop. If traders are attempting to spot the top or bottom of a market, they often use hammer and hanging man patterns as indicators.
Shooting Star
A shooting star takes shape when a security opens, the price rises significantly over the trading period, but then closes near the opening price, signaling a reversal.
To really be considered a shooting star pattern, this particular candlestick — with the short real body, long top wick, and hardly any bottom wick — must occur within an upward price trend.
Gaps
A gap is a window of time in which there are no trade transactions. Gaps in a chart can indicate support and resistance levels, which can be followed by a further bullish or bearish trend.
The Takeaway
Candlestick charts are a way of condensing price information about a security into a fairly simple diagram that looks like a candle with two wicks. The candle’s “real body” shows the range between the open and close prices. The wicks are the vertical lines at the top and bottom of the real body, indicating the high and the low for that period.
Candlesticks can be grouped together into patterns that traders can interpret as signals of price trends that are either bearish or bullish. Often it’s best to use tools like this with other types of technical indicators.
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Applying for a new passport can be a complicated and time-consuming endeavor, especially if you plan to take your own passport photo to send in with your application.
But things can get even trickier if the passport you’re applying for is for an infant or small child. Taking a baby passport photo that the U.S. Department of State will approve can be challenging to get right.
Remember, all U.S. citizens flying internationally must have a passport, including children and infants.
Official U.S. passport photo rules
Once you’ve filled out all the necessary forms for a minor’s passport, you’ll have to include a photo with the application. Whether you’re taking your own passport photo or your child’s passport photo, the same rules apply:
The photo must be taken within the last six months.
It should be in color, not black and white.
The image should be clear and in focus and feature natural skin tones.
Don’t use any filters or special effects.
Selfies aren’t allowed.
Remove glasses and any hats or head coverings not intended for religious purposes.
Take the photo in front of a plain white or off-white background.
The subject should directly face the camera with a neutral expression.
Crop and frame the photo correctly. When cropped to 2-by-2 inches, the photo should include the subject’s whole head centered in the frame with some space around the top and sides, plus their shoulders.
Tips for infant passport photos
While baby passport photo requirements are the same as for adults and older children, they can be trickier to meet given young children’s squirminess, inability to sit or stand upright and exaggerated facial expressions.
Here are a few ways to help guarantee you get the shot right the first time around.
Remove glasses, hats, pacifiers and anything that obscures the baby’s face.
Don’t hold or have someone else hold the baby while taking the photo. No one else should be in the photo.
Don’t obsess about facial expressions. The child shouldn’t be crying or laughing, but as long as they’re facing the camera, the photo will likely be deemed acceptable.
Use a favorite toy to get the baby’s attention and encourage them to look at the camera. Plan to snap your child’s passport photo when they’re awake and in a good mood.
In a child or toddler passport photo, the child’s eyes should be open and looking at the camera. But for an infant or newborn passport photo, closed eyes are acceptable.
Place babies or very small children in a car seat draped with a white sheet or lay them on top of a white sheet placed on the ground and shoot from above.
If you’re standing over your infant to get a passport picture, be careful not to cast a shadow over any part of the frame.
Take the photo in natural light in a well-lit room to avoid harsh shadows and multiple, different-colored light sources.
Turn off the flash to avoid harsh light, red eyes and shadows.
Take a lot of photos for the best chance of capturing a good one.
Use a tripod and a fast shutter speed in a well-lit room to help ensure the photo won’t be blurry.
Take your time and have fun.
Keep in mind you won’t have to go through this process often. You may update your child’s passport photo every year if you would like to keep it current, but you don’t have to. Passports for children under 16 are good for five years.
Where to get an infant passport photo taken
As long as you have a decent camera, or even a capable phone camera, you can probably take the photo yourself at home. But if you’re unsure of how it will turn out or want the best chance of your photo getting approved with your application, you can have pictures taken elsewhere.
Some U.S. post office locations will take passport photos, as will some office supply stores and pharmacies with photo departments, like FedEx or Walgreens.
But if your child can’t sit or stand upright, locations may not be able to accommodate them, so call ahead. Alternatively, you could schedule an appointment at a local photography studio.
Bottom line
Infant passport photo requirements may be the same as for adults, but the process can be far more time-consuming and involved.
Just remember to keep in mind these tips, follow government requirements and take your time. You’ll have a new baby passport photo in no time.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
In February 2020, Tenisha Tate-Austin and Paul Austin decided to erase all traces of their existence in the Northern California home the Black couple had created for themselves and their children.
They “whitewashed” their home by removing their family photographs and African art displayed around the house. They had a white friend place some of her own family photographs around the home and greet the appraiser as if she were the homeowner.
The couple wanted to see if they’d get a better home appraisal than the one they had received three weeks earlier.
The experiment worked. This time, the appraisal (by a different appraiser from the same appraisal management firm) was almost 50% higher. In three weeks, the value of their Marin City home, 11 miles north of San Francisco, had gone from $995,000 to $1,482,500.
In March, the Austins settled a fair housing lawsuit alleging race discrimination against the licensed real estate appraiser; they’d reached a settlement in October with the appraisal management company.
Sixty years after Martin Luther King Jr. delivered his most iconic speech calling for civil and economic rights and an end to racism, one of the biggest roadblocks to building wealth for Black Americans is still in place: The housing gap has widened from the time it was legal to discriminate based on race.
In 1960, eight years before the Fair Housing Act, which prohibits property owners, financial institutions and landlords from discriminating based on race, the homeownership gap between white (65%) and Black (38%) stood at 27 percentage points. In 2021, or 60 years later, that gap had grown: 73% of white households owned a home compared with Black homeownership at 44%, a difference of 29 percentage points, according to the Urban Institute.
“We missed out on a better interest rate because of the unfair appraisal we received,” Tenisha Tate-Austin said in statement through her lawyer. “Having to erase our identity to get a better appraisal was a wrenching experience. We know of other Black families who either couldn’t get a loan because of a discriminatory appraisal and therefore either lost the opportunity to buy or sell a home, or they had to sell their home because they had an unaffordable loan.”
Explore the series:MLK’s ‘I have a dream’ speech looms large 60 years later
Housing gap:‘We are a broken people’: The importance of Black homeownership and why the wealth gap is widening
King fought racist housing practices in ChicagoThough King knew housing was an important topic when he made his 1963 speech (it included the line “We cannot be satisfied as long as the Negro’s basic mobility is from a smaller ghetto to a larger one,” his focus was ending segregation in the South, said Beryl Satter, professor of history at Rutgers University in New Jersey and author of “Family Properties: Race, Real Estate, and the Exploitation of Black Urban America.”“The speech was about jobs and ending segregation of drinking fountains and restaurants, buses, trains, movie theaters and swimming pools to help pass the Civil Rights Act,” she said. Once that was accomplished, King trained his sights on housing in the North, particularly Chicago, where he focused on enforcing a pre-existing law on open housing, Satter said.The open housing laws in Chicago already forbade real estate agents from steering Black families into Black neighborhoods and dictated that housing should be made available regardless of race.“But like many such open housing laws, it was not enforced,” Satter said.In January 1966, King moved with his family into an apartment in North Lawndale on the West Side of Chicago to bring attention to the poor living conditions of Black families living without water, electricity and heat. He marched with Black and white supporters into segregated white neighborhoods to call for open housing.“And there he was met with the most violence he had ever been met with in any of his civil rights struggles. He said that the violence in Chicago made the whites in Mississippi look good,” Satter said. “He was hit with a stone while marching in Chicago, and he kept going.”Fair Housing Act became law after King’s deathFrom 1966 to 1967, Congress regularly considered a fair-housing bill, but it was ultimately defeated.“It was the first time that a Civil Rights Act had been defeated since the ’50s,” Satter said. “There was massive white resistance to any law or direct action that threatened racial segregation and housing. It was something that whites in the North fought to the death to keep.”After King was assassinated in 1968, President Lyndon Johnson pushed through the national Fair Housing Act as a memorial to King, whose name had become closely associated with the fair housing legislation.The undervaluation of homes in Black neighborhoods, decadeslong housing segregation, a systemic denial of loans or insurance in predominantly minority areas, a persistent income gap, and a historically limited ability of Black parents to leave their families an inheritance have contributed to the nation’s financial disparity, experts say.
During the housing boom of the early 2000s, Black Americans ages 45 to 75 disproportionately held subprime mortgages, loans offered at higher interest rates to borrowers characterized as having tarnished credit histories. Many of these mortgage holders lost their homes and have been unable to return to homeownership.
These trends will affect retirement prospects for Black Americans and their ability to pass down wealth to the next generation, making it not just one generation’s problems but an intergeneration disparity, experts say.
White wealth surpasses Black wealth
In 2016, white families posted the highest median family wealth at $171,000. Black families, in contrast, had a median family wealth of $17,600, according to the Federal Reserve. Homeownership has long been considered the best path to build long-term wealth, so increasing the rate of homeownership can play an important role in closing the wealth gap, experts say.
Over the past decade, the median-priced home in the United States gained $190,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter, according to a report released in April by the National Association of Realtors.
Some signs of hope emerged during the coronavirus pandemic, when mortgage rates were at historic lows.
During that time, Black homeownership rates increased by 2 percentage points, surpassing the white homeownership rate, which increased just 1 percentage point.
The historically low mortgage rates enabled high-earning, highly educated Black households to boost homeownership rates. Most high-income white households already were homeowners, which explains the smaller magnitude of growth, according to the analysis.
Black homeownership rate saw small improvements
From 2019 to 2021, the homeownership rate for Black households went from 42% to 44%; for white households it went from 72% to 73%.
After experiencing a continuous decline since the Great Recession, the Black homeownership rate finally made gains between 2019 and 2021. The reason was pent-up demand, said Jung Choi, a researcher at the Urban Institute.
“This suggests that affordability really matters,” Choi said. “Now, with the surge in interest rates, we are already seeing a sharp decline in Black homebuyers as well as younger homebuyers.”
Satter said King’s final book, 1967’s “Where Do We Go From Here: Chaos or Community?” cautions against complacency simply because there are laws on the books.
“He really understood that having a law in books was the beginning, not the end. Today we have the Fair Housing Act of 1968, and there are ongoing local, state and national laws that are supposed to stop housing discrimination,” Satter said. “I think King would have predicted that they would not be effective if there wasn’t a larger public will to enforce it and a strong political organization pushing to enforce it.”
Swapna Venugopal Ramaswamy is a housing and economy correspondent for USA TODAY. You can follow her on Twitter @SwapnaVenugopal and sign up for our Daily Money newsletter here.
One of the great joys of cinema is the many colors that can be brightly displayed on the screen. Whether that means a huge variety all on-screen simultaneously, two colors contrasted with one another, or an abundance of a single color, there’s a whole world of visual wonders to behold.
But what movie should you see if you were beholding all that glory for the first time? That’s what one movie lover asks in an online discussion forum. Their husband is colorblind but just got a pair of colorblind corrective glasses.
They aren’t sure what movie they should watch first, so she takes to the internet and asks for the help of their fellow film fans, who are more than happy to oblige with some beautifully colorful recommendations.
1. The Wizard of Oz
Several movie lovers say that the magic of the switch from black and white to color in The Wizard of Oz would be the most appropriate pick for a first movie to watch with the ability to see the whole range of colors. However, one respondent says whether you’re colorblind or not, that moment is “awe inspiring,” so it should only work that much more for a viewer seeing a full-color film for the first time.
2. Spider-Man: Into the Spider-Verse
Many film fans, particularly animation fans, highlight Spider-Man: Into the Spider-Verse as an excellent choice for a first-color viewing. One user even considers the specifics that the original poster shared about which colors their husband hasn’t been able to see in the past and notes that the movie has a lot of reds, blues, and purples.
3. Willy Wonka & The Chocolate Factory
Another technicolor dream, like The Wizard of Oz, Willy Wonka & The Chocolate Factory, receives several recommendations for their fantastical world of colorful candy. One user even goes so far as to call it “an o- of color.”
4. Hero
Martial arts fans note that Zhang Yimou’s Hero is one of the most breathtakingly colorful films ever made. The movie uses color to tell different versions of the same story, making its stunning visuals a joy to look at and a vital part of the narrative.
5. The Fall
Several recommend The Fall as the perfect movie for a first full-color experience. One even goes so far as to call the film, which visually portrays a fantastical story told to a child by a dying man, one of “the most gorgeous uses of color on film.”
6. Spirited Away
Anime fans in the conversation agree that Hayao Miyazaki’s Spirited Away is one of the most astoundingly colorful films anyone could watch. It’s no wonder the movie is so colorful, given that it transports its characters to a different world full of spirits and witches.
7. Speed Racer
Speed Racer, the Wachowski sisters’ adaptation of the anime of the same name, gets several mentions as an incredibly bright and colorful live-action film. One movie lover even jokes that watching this as the first full-color movie would be a “baptism of fire.”
8. Fantasia 2000
Both 1940 original and the 1999 update of Fantasia get multiple recommendations. But the consensus is that the turn of the millennium version is the more visually exciting of the two.
9. What Dreams May Come
What Dreams May Come gets into the double digits with how many movie lovers recommend it as a first-color viewing experience. Several users note that they’re recommending the film, which follows a man who goes to heaven after death and then travels to hell to save his wife, not only for its gorgeous colors but also for the romance.
10. The Grand Budapest Hotel
While several respondents recommend any Wes Anderson movie, some specify that The Grand Budapest Hotel is the best option in its colorful filmography. The film follows a hotel owner and his apprentice as they attempt to clear the hotel owner’s name of murder. But despite that somewhat dark premise, the movie is a visual feast of bright pastels and ever-shifting aspect ratios.
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