An FHA which is applying good principles (“be careful about collateral”) to create substantively terrible rules with awful effects requires a different response. You need to have a careful conversation about why this principle is being trumped by an even more powerful principle (“don’t reinforce systemic racism”)–and also, to set limits on the exception. We don’t want the FHA to stop worrying about collateral entirely. We just want them to avoid writing rules that reinforce a segregated economic order.
via How Good Principles Can Make Bad Rules – The Daily Beast.