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. However, inclusion in the world of urban real estate was fraught with new problems. 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. In the 1970s, new housing policies encouraged African Americans to become homeowners, and these programs generated unprecedented real estate sales in Black urban communities. Summary: 'Keeanga-Yamahtta Taylor offers a. African Americans had long faced racist obstacles to homeownership, but the social upheaval of the 1960s forced federal government reforms.

The essays included here show new and dynamic ways to extend the analysis into the future, while drawing on the past to make sense of those new directions. 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. Widespread access to mortgages across the United States after World War II cemented homeownership as fundamental to conceptions of citizenship and belonging. Race for Profit was an attempt to better understand the transition away from the exclusion of Black consumers, but on unfair and discriminatory terms.

Race for profit