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

Taylor, Keeanga-Yamahtta, author.

Title & Author:

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

Publication:

Chapel Hill : University of North Carolina Press, [2019]
©2019

Description:

xviii, 349 pages : illustrations ; 25 cm

Series:

Justice, power, and politics

Notes:
Includes bibliographical references (pages 269-333) and index.
Introduction: Homeowner's business -- 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! -- Conclusion: Predatory inclusion.
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

ISBN:

9781469653662 (hardcover alkaline paper)
1469653664 (hardcover alkaline paper)
9781469663883 (paperback)
1469663880 (paperback)
(electronic book)
9781469653679

Subject:

Discrimination in housing United States History 20th century.
Discrimination in mortgage loans United States History 20th century.
Urban African Americans Housing History 20th century.
African Americans Housing History 20th century.
African American women Housing History 20th century.
Real estate business United States History 20th century.
Discrimination dans les prêts hypothécaires États-Unis Histoire 20e siècle.
Noirs américains en milieu urbain Logement Histoire 20e siècle.
Noirs américains Logement Histoire 20e siècle.
Noires américaines Logement Histoire 20e siècle.
Immobilier États-Unis Histoire 20e siècle.
African Americans Housing
Discrimination in housing
Discrimination in mortgage loans
Race relations Economic aspects
Real estate business
Discrimination in housing United States.
United States Race relations Economic aspects.
États-Unis Relations raciales Aspect économique.
United States
United States Race relations.

Form/genre:

History.

Added entries:

Justice, power, and politics.

How banks and the real estate industry undermined Black homeownership

Holdings:

Location: Library main 308629
Call No.: BIB 253991
Status: Available

Actions:
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