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

"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 Wor...

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Bibliographic Details
Uniform Title:Justice, power, and politics.
Main Author: Taylor, Keeanga-Yamahtta (Author)
Language:English
Published: Chapel Hill : University of North Carolina Press, [2019]
Series:Justice, power, and politics.
Subjects:
Genre:
Physical Description:349 pages : illustrations ; 25 cm.
Format: Book
Description
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.
Call Number:HD7288.76.U6 T89 2019
Bibliography Note:Includes bibliographical references (pages [269]-333) and index.
ISBN:9781469653662
1469653664