Where Credit is Due: Bringing Equity to Credit and Housing After the Market Meltdown (Paperback)
  • Where Credit is Due: Bringing Equity to Credit and Housing After the Market Meltdown (Paperback)
zoom

Where Credit is Due: Bringing Equity to Credit and Housing After the Market Meltdown (Paperback)

(author), (author), (author of contributions), (author of contributions), (author of contributions), (author of contributions), (author of contributions), (author of contributions), (author of contributions), (author of contributions)
£29.95
Paperback 402 Pages / Published: 21/11/2013
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
While much recent attention has been focused on the subprime lending and foreclosure crisis, little has been said about its radically-disparate impact. Drawing upon history as well as insight into the current crisis, this book shows that this crisis is not an anomaly, especially for people of color; nor is it over. People of color have been excluded from wealth-building opportunities via homeownership continuously throughout United States history, from the outright denial of credit and residential racial discrimination, to federally-sponsored urban renewal programs. The subprime lending and foreclosure crisis is predicted to strip a quarter of a trillion dollars in wealth from black and Latino homeowners. It has reversed home ownership gains for people of color and has decimated neighborhoods across the United States while impacting local, regional, national, and international economies. The consequences are devastating. This collection of essays provides a framework for creating equitable policy and ultimately building more stable communities for all Americans.

Publisher: University Press of America
ISBN: 9780761856061
Number of pages: 402
Weight: 549 g
Dimensions: 226 x 154 x 25 mm


MEDIA REVIEWS
There is, perhaps, no more powerful illustration of contemporary structural racism than the exponential growth of unfair and unequal credit and lending practices that served as kindling for what became the fire-the subprime mortgage crisis...This book is a seminal contribution because it...has the potential to help move readers and policy makers beyond denial of the multifaceted, racially-based drivers of financial practices, policies, and our economy. -- Gail C. Christopher, DN, vice president for program strategy, W.K. Kellogg Foundation
...An understanding of this issue is essential to preparing our country to complete in the 21st century global economy as people of color become the majority. -- Roger A. Clay Jr., president, Insight Center for Community E

You may also be interested in...

Credit Management
Added to basket
Banker to the Poor
Added to basket
£11.99
Paperback
Traders, Guns and Money
Added to basket
Fool's Gold
Added to basket
£10.99
Paperback
Economics After the Crisis
Added to basket

Please sign in to write a review

Your review has been submitted successfully.