Race for profit : how banks and the real estate industry undermined black homeownership / by Keeanga-Yamahtta Taylor.
2019
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Details
Title
Race for profit : how banks and the real estate industry undermined black homeownership / by Keeanga-Yamahtta Taylor.
Imprint
Chapel Hill : University of North Carolina Press, [2019]
Description
1 online resource.
Series
Justice, power, and politics.
Formatted Contents Note
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.
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.
Summary
"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.
Bibliography, etc. Note
Includes bibliographical references and index.
Source of Description
Print version record.
Available in Other Form
Print version: Taylor, Keeanga-Yamahtta. Race for profit. Chapel Hill : University of North Carolina Press, [2019]
Access Note
Access restricted to subscribing institutions.
Linked Resources
Language
English
ISBN
9781469653686 (electronic book)
1469653680 (electronic book)
9781469653679 (electronic book)
1469653672 (electronic book)
9781469653662
1469653664
1469653680 (electronic book)
9781469653679 (electronic book)
1469653672 (electronic book)
9781469653662
1469653664
Record Appears in