Race for Profit
Newly available in paperback, Keeanga-Yamahtta Taylor’s Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership uncovers how exploitative real estate practices continued well after housing discrimination was banned. After redlining was formally prohibited the same racist structures and individual gatekeepers remained in place, 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 push to uplift Black homeownership descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind.
Keeanga-Yamahtta Taylor and Henry-Louis Taylor, Jr. will discuss the story of this sea-change in housing policy, its dire impact on African Americans, how the urban core was transformed into a new frontier of cynical extraction, and that transformation’s enduring legacy.
For a limited time order the book using the coupon code 01DAH40, for 40% off here: https://uncpress.org/book/9781469663883/race-for-profit/
Keeanga-Yamahtta Taylor writes and speaks on Black politics, social movements, and racial inequality in the United States. She is author of From #BlackLivesMatter to Black Liberation and editor of How We Get Free: Black Feminism and the Combahee River Collective. Her third book, Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership, published in 2019 by University of North Carolina Press, was a finalist for a National Book Award for nonfiction, and a finalist for the Pulitzer Prize for History. She is a professor at Princeton University.
Henry-Louis Taylor, Jr. Ph.D. is a full professor in the Department of Urban and Regional Planning, founding director of the U.B. Center for Urban Studies, and associate director of the U.B. Community Health Equity Research Institute at the University at Buffalo. He is an urban historian and urban planner that focuses on Black social movements and the interplay among city building, race, class, gender, and the underdevelopment of communities of color. Taylor is the recipient of numerous awards and has authored and edited five books and numerous articles, and technical reports on neighborhood planning and development. He has been cited in a host of national publications, including the New York Times, the Washington Post, CNN, USA Today, The Atlantic, the Huffington Post, and Time Magazine. Taylor is the recipient of numerous awards, including the 2018 Marilyn J. Gittell Activist Scholar Award by the Urban Affairs Association. He is completing a book, From Harlem to Havana: the Nehanda Isoke Abiodun Story (SUNY Press).