Back to Top
Top Nav content Site Footer
University Home

Community

Find Articles, Journals, Books, eBooks, DVDs, and More ...
Librarian assistance
chat loading...

Library services

Borrowing
Computers
Library facilities
Printing and copying
Research
Support services
Technology in the library
Libraries overview

Book of the week

Race for profit : how banks and the real estate industry undermined black homeownership (EBOOK)

race_for_profitKeeanga-Yamahtta Taylor author

LONGLISTED FOR THE 2019 NATIONAL BOOK AWARD 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 federal government guaranteed urban mortgages in an attempt to overcome resistance to lending to Black buyers - as if unprofitability, rather than racism, was the cause of housing segregation. Bankers, investors,...

Last updated 11/15/2021 by P. Higo
More features

University Archives & Digital Special Collections

Dichotomy: School of Architecture Student Journal
University of Detroit Chorus Collection
University of Detroit Football Collection: University of Detroit vs. Washington and Jefferson Program
Dichotomy: School of Architecture Student Journal
Fr. Edward J. Dowling, S.J. Marine Historical Collection: Queenston
Fr. Edward J. Dowling, S.J. Marine Historical Collection: Eastern States
Maurice Greenia, Jr. Collections: Beige Nebula
University of Detroit Football Collection: University of Detroit vs. University of Tulsa Program
Fr. Edward J. Dowling, S.J. Marine Historical Collection: Herbert F. Black
Dichotomy: School of Architecture Student Journal
University of Detroit Yearbook Collection: The Tower 1928
University of Detroit Football Collection: University of Detroit vs. Texas Tech Program
University of Detroit Yearbook Collection: The Red and White 1925
Maurice Greenia, Jr. Collections: Marble with Blues Above
University of Detroit Yearbook Collection: University of Detroit Red and White. 1923
Maurice Greenia, Jr. Collections: Poetic Express Volume 2 Number 9
University of Detroit Chorus Collection
University of Detroit Chorus Collection

Library policies

Access
Acquisitions
Borrowing
Collections
Computers
Ethics
Printing and copying
Privacy
Support services
Technology in the library
Young people in the library
Libraries overview

How can we help you?

Help Services National Standards Policies
Students hub Faculty hub Community hub Alumni hub
Back to Top