Race for profit, how banks and the real estate industry undermined Black homeownership, Keeanga-Yamahtta Taylor
Type
Label
Race for profit, how banks and the real estate industry undermined Black homeownership, Keeanga-Yamahtta Taylor
Language
eng
resource.accompanyingMatter
technical information on music
Form of composition
not applicable
Format of music
not applicable
Literary text for sound recordings
other
Main title
Race for profit
Music parts
not applicable
Oclc number
1147972360
Responsibility statement
Keeanga-Yamahtta Taylor
Sub title
how banks and the real estate industry undermined Black homeownership
Summary
By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining's end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction
Transposition and arrangement
not applicable
Classification
Contributor
Creator
Subject
- Discrimination in housing -- United States -- History -- 20th century
- Social discrimination -- United States -- History -- 20th century
- Urban African Americans + Housing + History -- 20th century
- Discrimination in mortgage loans -- United States -- History -- 20th century
- Downloadable audio books
- Audiobooks
- African Americans + Housing + History -- 20th century
- Minority groups + Housing + History -- 20th century
- Real estate business -- United States -- History -- 20th century
- United States -- Race relations -- Economic aspects
- Black people + Housing + History -- 20th century
- BIPOC + Housing + History -- 20th century
- African American women + Housing + History -- 20th century
Content
Narrator
Mapped to
Incoming Resources
- Has instance2
Outgoing Resources
- Classification1
- Contributor1
- Creator1
- Genre2
- Subject13
- Discrimination in housing -- United States -- History -- 20th century
- Social discrimination -- United States -- History -- 20th century
- Urban African Americans + Housing + History -- 20th century
- Discrimination in mortgage loans -- United States -- History -- 20th century
- Downloadable audio books
- Audiobooks
- African Americans + Housing + History -- 20th century
- Minority groups + Housing + History -- 20th century
- Real estate business -- United States -- History -- 20th century
- United States -- Race relations -- Economic aspects
- Black people + Housing + History -- 20th century
- BIPOC + Housing + History -- 20th century
- African American women + Housing + History -- 20th century
- Content1
- Narrator1
- Mapped to1