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Race for profit : how banks and the real estate industry undermined black homeownership

Author: Keeanga-Yamahtta Taylor
Publisher: Chapel Hill : University of North Carolina Press, [2019]
Series: Justice, power, and politics.
Edition/Format:   eBook : Document : State or province government publication : EnglishView all editions and formats
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  Read more...
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Genre/Form: Electronic books
History
Additional Physical Format: Print version:
Taylor, Keeanga-Yamahtta.
Race for profit.
Chapel Hill : University of North Carolina Press, [2019]
(DLC) 2019014012
(OCoLC)1096213739
Material Type: Document, Government publication, State or province government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Keeanga-Yamahtta Taylor
ISBN: 9781469653686 1469653680 9781469653679 1469653672
OCLC Number: 1117339519
Description: 1 online resource.
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.
Series Title: Justice, power, and politics.
Responsibility: by Keeanga-Yamahtta Taylor.

Abstract:

"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"--

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