The Reagan White House moved to lower tax rates for developers in the 1980s and then years of low interest rates glutted downtowns with office buildings. Time's up.
White people. Because due to desegregation, they were suddenly required to have black people in their neighborhoods if those black people wanted to buy a house there. So they ran away from the black people.
Not everyone lives in the US. While aboriginal people in Australia also tended to stay in the inner city they make up a much smaller proportion of the population, and the divide between city and suburbs was more along socioeconomic lines than racial ones; it just happened that due to racism the Aboriginals were in the lower socioeconomic group.
White people. Because due to desegregation, they were suddenly required to have black people in their neighborhoods if those black people wanted to buy a house there. So they ran away from the black people.
Not everyone lives in the US. While aboriginal people in Australia also tended to stay in the inner city they make up a much smaller proportion of the population, and the divide between city and suburbs was more along socioeconomic lines than racial ones; it just happened that due to racism the Aboriginals were in the lower socioeconomic group.
Shock and horror… White people mooooooved…
No one said it was shocking or horrific. Just typical systemic racism.
Redlining is systemic racism, people choosing to move away is just regular old racism.