Race for profit : how banks and the real estate industry undermined Black homeownership / Keeanga-Yamahtta Taylor.

Author
Taylor, Keeanga-Yamahtta [Browse]
Format
Book
Language
English
Published/​Created
  • Chapel Hill : The University of North Carolina Press, [2019]
  • ©2019
Description
349 pages : illustrations ; 24 cm.

Details

Subject(s)
Series
Justice, power, and politics. [More in this series]
Summary note
"Keeanga-Yamahtta Taylor offers a ... chronicle of the twilight of redlining and the introduction of conventional real estate practices into the Black urban market, uncovering a transition from racist exclusion to predatory inclusion. Widespread access to mortgages across the United States after World War II cemented homeownership as fundamental to conceptions of citizenship and belonging. African Americans had long faced racist obstacles to homeownership, but the social upheaval of the 1960s forced federal government reforms. In the 1970s, new housing policies encouraged African Americans to become homeowners, and these programs generated unprecedented real estate sales in Black urban communities. However, inclusion in the world of urban real estate was fraught with new problems. As new housing policies came into effect, the real estate industry abandoned its aversion to African Americans, especially Black women, precisely because they were more likely to fail to keep up their home payments and slip into foreclosure"-- Provided by publisher.
Bibliographic references
Includes bibliographical references (pages 303-333) and index.
Contents
Unfair housing -- The business of the urban housing crisis -- Forced integration -- Let the buyer beware -- Unsophisticated buyers -- The urban crisis is over, long live the urban crisis.
ISBN
  • 9781469653662 ((cloth : alk. paper))
  • 1469653664
LCCN
2019014012
OCLC
1096213739
Other views
Staff view