bookUniversity of North Carolina Press eBooksOct 21, 2019Closed access

Race for Profit

Indexed incrossref

Abstract

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…

Citation impact

800
total citations
FWCI
55.71
Percentile
100%
References
0
Citations per year

Authors

1

Topics & keywords

Keywords
  • Real estate
  • Incentive
  • Business
  • Foreclosure
  • Payment
  • Racism
  • Estate
  • Finance
UN Sustainable Development Goals
  • Reduced inequalities
No related works found for this paper.