A Race for Profit, How Banks and the Real Estate Industry Undermined Black Home Ownership

You’ve likely heard of redlining - the practice of systematizing discrimination based on where you live. You’ve probably even heard us talk about the ways its legacy continues to impact the upward mobility of communities of color. But do you know what happened next? In the wake of urban uprisings in the late 1960s, politicians pushed to end redlining, to lift people up out of poverty and improve their lives by making homeownership attainable. But that’s not what happened. Instead, bad policy and the private market worked together to create a machine that churned out new ways to exploit black homeowners. It’s what Keeanga-Yamahtta Taylor describes as predatory inclusion in her new book, “Race for Profit”. In it, she describes the ways in which policy, race, and institutional forces came together to reinscribe segregation.
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Race for Profit by Keeanga-Yamahtta Taylor
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