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A review by mattrohn
Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership by Keeanga-Yamahtta Taylor
informative
medium-paced
5.0
An essential addition to the canon of modern urban\housing history along with Crabgrass Frontier\The Color of Law\A World More Concrete\Origins of the Urban Crisis. Follows the failure of FHA enforcement during the 1960-70s and the transition away from Great Society liberalism in fighting housing segregation and unaffordability to late 20th century neoliberalism, largely through the career of Michigan governor and HUD secretary George Romney. The book is tightly edited and its strongest conceptual contribution is on "predatory inclusion" of Black buyers in the midcentury mortgage market, being pushed into substandard or collapsing houses in order to generate mortgages and meet FHA production numbers