[PDF]->Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership - Keeanga-Yamahtta Taylor

Read and download Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership book by Keeanga-Yamahtta Taylor in PDF, EPub, Mobi, Kindle online. Free book Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership by Keeanga-Yamahtta Taylor.

Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership PDF

Writen By : Keeanga-Yamahtta Taylor

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Book Synopsis :

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. The

Book Detail :

Author : Keeanga-Yamahtta Taylor

Pages : 368 pages

Publisher : University of North Carolina Press

Language : eng

ISBN-10 : 1469653664

ISBN-13 : 9781469653662

 
Supporting format: PDF, EPUB, Kindle, Audio, MOBI, HTML, RTF, TXT, etc.
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