Private lenders reportedly constructed similar maps that were used to determine credit availability and terms. The 1961 Report on Housing by the U.S. Commission on Civil Rights reported practices that included requiring high down payments and rapid amortization schedules for African-American borrowers as well as blanket refusals to lend in particular areas.
Considering that the restraining effects from fiscal policy on the economy are likely to strengthen, and that a setback in demand is expected following the surge in anticipation of the consumption tax rate hike, Japan’s economic growth is expected to slow down temporarily in the first half of fiscal 1997.