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Race for ProfitHow Banks and the Real Estate Industry Undermined Black Homeownership$
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Keeanga-Yamahtta Taylor

Print publication date: 2019

Print ISBN-13: 9781469653662

Published to North Carolina Scholarship Online: January 2021

DOI: 10.5149/northcarolina/9781469653662.001.0001

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Predatory Inclusion

Predatory Inclusion

(p.253) Conclusion Predatory Inclusion
Race for Profit

Keeanga-Yamahtta Taylor

University of North Carolina Press

Homeownership in the U.S. is often touted as a means to escape poverty, build wealth, and fully participate in American society. However, racism in the broader American society ultimately resulted in a racist housing market that excludes Black people from homeownership and depresses the value of property inhabited by African Americans. The perception that Black buyers are risky has continued to fuel predatory practices in real estate. The author notes that African Americans should not be limited to the rental market because of inequality in the housing market. Instead, she suggests people should question American society, a society in which full citizenship is reliant upon home ownership.

Keywords:   Racism, Citizenship, Homeownership, African American, America

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