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Author Taylor, Keeanga-Yamahtta, author.

Title Race for profit : how banks and the real estate industry undermined black homeownership / by Keeanga-Yamahtta Taylor
Published Chapel Hill : The University of North Carolina Press, [2019]
©2019

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Description 1 online resource (349 pages) : illustrations
Series Justice, power, and politics
Justice, power, and politics.
Contents 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
Bibliography Includes bibliographical references (pages 303-333) and index
Notes Longlisted for the 2019 National Book Award
Liberty Legacy Foundation Award, 2020
Description based on online resource; title from resource home page (ProQuest Ebook Central, viewed December 13, 2022)
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 American women -- Housing -- History -- 20th century
Real estate business -- United States -- History -- 20th century
HISTORY / African American.
Real estate business
Race relations -- Economic aspects
Discrimination in mortgage loans
Discrimination in housing
SUBJECT United States -- Race relations -- Economic aspects
Subject United States
Genre/Form History
Form Electronic book
LC no. 2019014012
ISBN 9781469653686
1469653680
9781469653679
1469653672
1303625237
9781303625237