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

Name: Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership
Author: Keeanga-Yamahtta Taylor
ISBN: 9781469653662

by Keeanga-Yamahtta Taylor

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"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.…

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NPR Books We Love

"In Race for Profit, Keeanga-Yamahtta Taylor disrupts the notion that housing discrimination in the United States exists in some distant past. Following the Fair Housing Act of 1968 and the outlawing of redlining, Taylor shows how the exclusion of Black Americans from the real-estate market continued within a state-sanctioned system of discriminatory homeownership – what Taylor calls “predatory inclusion.” You’ll come away from this book with a new understanding of space and race in America, how the past is inextricable from our present and, ultimately, how the American Dream and ideals of property, homeownership and citizenship are fraught with violence."

NPR Books We Love — 2020 · apps.npr.org

Ibram X. Kendi

"an expertly told history of the post-civil rights emergence of what Taylor terms "predatory inclusion""

By the Book: Ibram X Kendi · nytimes.com