Book Detail

Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership

ISBN: 9781469653662

Contributors: Taylor, Keeanga-Yamahtta (Author)

Publisher: University of North Carolina Press, 2019

Binding: Hardcover (Readerbound Available)

Retail: $32.50

Discounted Price
1 copy: $35.75
2+ copies: $35.75

Description

"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"--

Reviews & Citations

  • Nunc neque neque, blandit finibus libero eget, placerat gravida magna. Duis suscipit scelerisque nisi nec auctor. Fusce ac mauris nunc. Duis et fermentum quam.

    Citation: pg. 1

  • Morbi congue, mi commodo vehicula molestie, erat mi vulputate ex, in elementum nibh magna id leo. Integer sed odio in felis sodales dapibus.

    Review: Child's Book Association