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The New Intellectuals
Race for Profit - Keeanga-Yamahtta Taylor
Apr 13, 2020
An interview with scholar activist Kango Yamada Taylor about her book 'Race for Profit' which explores the decline of black homeownership due to banks in the real estate industry. The podcast delves into the history and ongoing impact of housing discrimination on African Americans, the connection between post-war housing policy and urban rebellions, the racial discrimination in the real estate industry, and the conflict between profit-driven real estate and public policy objectives in the housing sector.
41:00
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Quick takeaways
- The podcast discusses how black homeownership was undermined by banks and the real estate industry, with black people being excluded from conventional mortgages and forced to buy homes without owning the title.
- The episode highlights the relationship between post-war housing policy and the urban uprisings of the 1960s, emphasizing how housing policies served as containment measures for African Americans seeking access to credit and homeownership, perpetuating racial discrimination and exclusion.
Deep dives
Examining the History of Segregation in US Cities
The podcast episode features a conversation with scholar activist Kango Yamada Taylor about her book 'Race for Profit' which delves into how banks and the real estate industry have undermined black homeownership. Taylor discusses the profound segregation in cities like Chicago and the interest in conventional mortgages by black homeowners in the 1960s. She describes how, historically, black people were excluded from homeownership opportunities and forced to buy homes through installment payments without actually owning the title. The conversation also highlights the persisting racism in housing and the failure of legislation in bringing about equality.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode